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SmartCryptoAssociation
May 26, 2020 12:00 PM

BTCUSD - Potential retest of resistance before capitulation?  Short

Bitcoin / U.S. dollarBitstamp

Description

On the last drop, BTC was supported by the previous monthly and weekly close. However, the price movement from support and the price action volume does not suggest a very bullish bias.

We are looking to add to our SHORTs if price goes back up to test the 21 daily EMA, unless there is a large Bullish volume.
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