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davortex
Dec 26, 2017 11:45 PM

Bearish divergence and ascending wedge 

Bitcoin / United States DollarCoinbase

Description

Ascending wedge is building up. Both 1hr and 2hr timeframes show higher high on the price and lower high on the squeeze indicator. Volume by price at about 15,900 shows a decrease in trading volume. Looks like a retracement is possible at this point.

It's only my first week learning TA. Constructive critisim is much appreciated.
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