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AlphaTradeZone
Feb 6, 2019 8:12 PM

BTC Technical Analysis - 0.6.02.2019 

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

Bitcoin moved bellow the EQ, the volume on the dump however does not indicate big selling activity. I am suspecting a relief rally up to the marked resistances.
A Daily close above the EQ ($3390) would confirm this setup.
If we can't get above soon enough then continuation of the downtrend is due to happen.
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