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spyxo2x
May 2, 2018 2:03 PM

Bitcoin Rising Wedge, MACD cross & Resistance Bounce SHORT! Short

Bitcoin / DollarBitfinex

Description

Here's my opinion for the following hours, would appreciate any feedback as I'm a beginner in TA.

A Rising wedge has formed and breakout to the downside confirmed. We can also see that the price has bounced from the lower channel of the previous bull run, indicating that we are going down.


-Hawk
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