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BTCUSD PATTERN ANALYSIS

Short
BITFINEX:BTCUSD   Bitcoin
PRICE HAS CURRENTLY BROKEN THE NECKLINE OF THE SECOND DOUBLE TOP PATTERN CURRENTLY IN A (WEAK) DEMAND ZONE EXPECTING PRICE TO CONTINUE FURTHER LOWER TO THE PREVIOUS RESISTANCE (NOW SUPPORT) WE WILL THEN WAIT FOR THE PRICE TO RETRACE BACK TO THE $8,273 AREA BEFORE WE CAN SHORT THE PAIR TO THE NEXT RESISTANCE LEVEL (TURNED SUPPORT ) .

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