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Dec 27, 2017 12:21 AM

RETEST PREVIOUS HIGH OR LOW 

Bitcoin / U.S. dollarBitstamp

Description

Price is at a confluence point where 50 sma and 50% fib have meet.
Price is inbetween the 100 sma and 50 sma resting at the 100 sma
Macd did cross above the 0 levelo line which indicates bul;lish bias
If price does go long exit trade if macd crosses back below 0 level line
If macd crosses below 0 level line and Red signal line bias is bearish.
Take Profits are at previous high or low.

Comment

Looks like pair is falling to Previous Low
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