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Short term fall followed by a long rally
Bitcoin
Long
Short term fall followed by a long rally
By AliFrotanpour
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Updated
May 31, 2018
4
May 31, 2018
A bearish divergence is happened in 1 hr chart. Price can fall into 6900 support region. It is an opportunity for long position.
May 31, 2018
Note
Price again decline 50-4hr-Moving average. Droped to the trend-line (in triangle pattern) . Any drop below ~7430 confirms further drop to 6900 region.
Technical Indicators
Trend Analysis
AliFrotanpour
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