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Forex_Academy
Jul 2, 2018 10:09 AM

ETH/BTC breakdown still possible Short

Ethereum / BitcoinBittrex

Description

The crypto pair is trading in the red right now and seems determined to drop below the lower median line (lml). I want to remind you that a valid breakdown will signal a drop at least till the median line (ML). I believe that only a valid breakout above the sliding line (sl) will invalidate a further drop.
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