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zippy1day
Jun 18, 2018 4:49 AM

BTC Weekly Low Volumes Long

Bitcoin / U.S. dollarBitstamp

Description

Volume has been decreasing for some while and this may suggest we have had a fake breakout on the symmetrical triangle as we are sitting right on the main support level (dotted purple line).
However,the 78.6% fibonacci could still be tested just below 6K but this might prompt the full blown test of the triangle target around 4.34K?
tradingsim.com/blog/symmetrical-triangle/
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