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saamq
Aug 18, 2020 5:05 PM

BTC ending Diagonal  Short

Bitcoin / TetherUSBinance

Description

Hi friends,

We have strong divergence on the following indicators: RSI - MACD - Momentum

and it seems that bitcoin has formed ending diagonal which is mentioned in Elliot wave theory that it is a strong sign of the weakness of the wave and the end of the up trend.

For those who want take risks i think 11590 is a decent SL
Comments
saamq
Smaller time frame
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