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tired_man_willis
Apr 11, 2018 10:11 PM

WAN/BTC 4HR  Short

Wanchain / BitcoinBinance

Description

WAN has seemed to have run out of steam. As you can see RSI is showing Bearish Divergence, Volume is starting to wind down and we have multiple FAILED attempts to break that resistance level.

Here's a Fib Retrace on the 1 hr with some Support/Resistance levels slapped on.

I plan on scaling back in sometime next week.

Happy Trading!!!
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