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cantestogo
Aug 3, 2016 8:29 PM

BTC: ONE MORE TEST OF THE LOW BEFORE A WAVE UP? Long

Bitcoin / U.S. dollarBitstamp

Description

BTC seems in the middle of a corrective phase. If the long term rising trendline holds i'm expecting one more test of the low before a possible wave up. In this case a bullish divergence can drive the move. A strong breakout on the rising trendline can invalidate this setup.
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