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mycotoxin
Oct 19, 2018 5:40 AM

follow the purple line it shows that this is a retest bounce 

Bitcoin / U.S. dollarBitstamp

Description

This looks like a retest bounce of the blue trend line and the direction is down ,,,

Comment

mmh ....how was this one missed ,,,

Comment

so.... BTC has to prove its going up by closing above 6460

Comment

Aha ,,i see issue Bitfinex do not show the retest bounce ,,

Comment

some brain damage on that bitfinex chart ...its off a bit

Comment

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 ...

Comment

looking back at some older graphs shows threes a 5900 hit in there somewhere ...and it has not hit yet ...

Comment

Target hit and closing this BTC graph out ..

Trade closed: target reached

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