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calipsofund
Feb 4, 2019 10:27 AM

Bitcoin, a birth of impulse? 

Bitcoin / US Dollar IndexBitMEX

Description

The last impulse has caught liquidity, but we could not enter the blue zone and fell down. We have a so called "saw" on the market, this way market-maker get rid of unnecessary passengers before an impulse.
There are a new resistant and support zones, I marked it in red. If the price will go below the black line, the fall will increase.
To make a decision it would be better to wait for the 4H candle closing.
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