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thinkless
Oct 25, 2018 9:54 PM

3-7% decline over next couple weeks. Short

COINBASE:BTCUSD1D
Bitcoin / United States DollarCoinbase

Description

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Conclusion of this TA:
I do not expect to retest the moving averages until we get closer to the pinch point of this pennant. To fade a 50-day MA retest, we would need a sharp (3 - 7%) decline over the next 2-3 weeks.
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