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Update: I am watching BTC very closely to see if we are going to get an official break of this . If we can break this support I would expect to see a move down to the current support right around $6100. This is the same pattern that has played out on many cryptos and we are seeing a perfect setup for it again. If the bulls take over and drive the price up the position will change but I feel confident we will see a move down. The Martin Trend is showing that we are due for a move down and the Martin Trend Meter is showing the same signs as well and the Martin Momentum Lines are all moving down showing a lot of pressure forming for the bears! Get the indicators we're using below and watch your trading success increase! Get them set up on your chart today and enjoy the profits!
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Martin Long/Short Zones
Martin Momentum Lines
Martin Trend Meter
Martin Stochast Trend
Martin Support and Resistance
Martin Trend Trader
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This information is not a recommendation to buy or sell. It is to be used for educational and entertainment purposes only.