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Low_Pro
May 30, 2014 6:25 PM

Still bullish, but note. Overbought (D) can break support below 

Bitcoin / U.S. dollarBitstamp

Description

Note, when the indicators are overbought on long term charts it is more likely that a support line is broken... Thus If this rose to $700, a drop to $600 would not be out of the question. Same for this current price range back down thorough 600 support to lower support.

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Comments
coinwatcher
I'm all for consolidation at 615 for a few days or even a week before a push to 650-700.
76mako
thats really cool
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