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quickshoe
Jun 27, 2019 4:22 PM

Breaking the resistance 

Bitcoin / United States DollarCoinbase

Description

We've fallen below the 0.5 FIB and are creating lower lows from the recent drop. We've also fallen below a resistance line that traces back to a strong double top that was created in 2018. This has me thinking we have more to fall. I'm watching closely.

Comment

This line has proven to be a pretty strong support/resistance line. And we are back again today...
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