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cosmicnexus
Jun 29, 2020 5:22 PM

BTC/USD Bitstamp 1W in Bearish Trend Since Mid 2019 Long

Bitcoin / U.S. dollarBitstamp

Description

Given the lower highs and lower lows as shown in this study, in the shorter time frame I'd expect to see resistance holding stronger and support more likely to be weaker where it might give way some new lower lows should this same momentum continue. This could provide excellent opportunities for trade entry points going long.
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