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DennisLeeBTC
Nov 23, 2017 6:25 AM

BTC bearish divergence and H&S forming Short

Bitcoin / TetherBittrex

Description

Bearish divergence on higher highs, but declining volume, and RSI. If head and shoulders is confirmed then likely to sell off and find support after dipping below the 200 SMA as it has done in the past. Support at around 6400.
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