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bubbleb0y
Apr 6, 2017 4:30 AM

Resuming Uptrend Long

Bitcoin / DollarBitfinex

Description

The cross/re-cross of the 50/200 EMA on the 4hr chart seems to indicate that the rally is back on. Prior cross/re-cross in late January provided an attractive entry point to ride a strong leg up, and I think going long at this point should be a good trade until at least ~1250 levels, and would get out at that point to wait and see if price can break ATH again.
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