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cwhite1001
Jan 22, 2018 11:23 PM

Bitcoin Descending Wedge Long

Bitcoin / U.S. dollarBitstamp

Description

This is my recent analysis on the price trend on a log scale. It looks the momentum indicators are in a descending/declining wedge, which will need to be broken at some point. The MACD is also in a descending wedge pattern, I'm looking for a turnaround by the end of this week
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