Tickmill
Long

Strong signals for growth?

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Daily chart: the price bounced off the broken downtrend, the horizontal level + is now forming a "bullish absorption" candle model. Multiple signals at one price point. We are waiting for further development.
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This analysis is provided as general market commentary and does not constitute investment advice.
I agree with @tereskapl Drawn line was invalidated on 3rd of July when it broke upwards.
Reply
you are wrong. level is @ $2421 and we are bouncing down right now from that level.
+1 Reply
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