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roaken
Aug 16, 2018 1:04 AM

BTC - Bullish Broadening Wedge Falls short Short

Bitcoin / U.S. dollarBitstamp

Description

Classic pattern here. Looks like it's played out and we'll be going down a bit further before the next structure. Following the indicators and day candles trend I'd say a flash crash or a neutral long and out are the most likely scenerios. Either way, no profit to be made and high risk of big drop.
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