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Dailiy EMA 30 Rejection Phases for Bitcoin

BITFINEX:BTCUSD   Bitcoin
As can be seen, when we examine the rejections associated with the 30-day exponential moving average in two separate channels, it is expected that the price moving in the falling channels will break the falling trend after the 4th phase.
However, it is useful to be careful and not to enter a position without using stoploss, especially in margin transactions.

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