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coriandertrader

Broke out of ascending channel, returning to the mean

Bitcoin (BITSTAMP:BTCUSD)  
coriandertrader Updated   
BITSTAMP:BTCUSD   Bitcoin
10
0
Price broke out of the ascending channel, heading to the mean at around 1168.

RSi at 43 on 4h indicating more room for downward motion in the short term
Comment:
Broke mean. Support at 1022
Comment:
Price returned to the mean at 1160 before heading down again.
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