This looks like a retest bounce of the blue trend line and the direction is down ,,,
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mmh ....how was this one missed ,,,
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so.... BTC has to prove its going up by closing above 6460
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Aha ,,i see issue Bitfinex do not show the retest bounce ,,
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some brain damage on that bitfinex chart ...its off a bit
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Hmmmh ..its easy to make a mistake with the Bifinex chart as it omits the "retest bounce" and this is a big deal as the bounce tells a lot about an assets trend
We would have caught it with this chart (below) . But it just goes to show that some of the charts are misleading and double check everything ...
We would have caught it with this chart (below) . But it just goes to show that some of the charts are misleading and double check everything ...
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looking back at some older graphs shows threes a 5900 hit in there somewhere ...and it has not hit yet ...
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Target hit and closing this BTC graph out ..
Trade closed: target reached