Looks like this falling wedge
is continuing to play out in BTC
is oversold, but RSI
is weak, Bollingers don't look promising, and Chikou span looks destined to cross a fall below. BTC
could break out of the wedge
at any of the support levels, but perhaps the most likely scenario is a fall back to the 2900 level where there is tons of resistance turned to strong support. It's going to be an interesting ride, strap yourselves in.
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