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coriandertrader
Mar 16, 2017 3:22 PM

Broke out of ascending channel, returning to the mean  

Bitcoin / U.S. dollarBitstamp

Description

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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