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forex-academy
Aug 19, 2019 6:14 AM

Bitcoin Downward Consolidation 

Bitcoin / United States DollarCoinbase

Description

Bitcoin is having a consolidation of the recent drop. It has bounced above the bullish trendline (blue) and is moving in a triangular formation. MACD still bullish and Stoch hovering near overbought.
There seems to be strong resistance at $10,460. A close above it is bullish, A close below 9980 is bearish.
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