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Bitcoin technical analysis reddit

bitcoin technical analysis reddit

they will be comforted by the convergence of support and the length of time it has remained along with the fact that below 5800 are multi-levels of psychological support. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. Weekly Chart, assuming Bitcoin remains above 5780 for the remainder of this week, Bitcoin will have traded above 5800 for a full 12 months. . We can see that after reaching the resistance area, price initiated a retracement. In the first scenario (purple dashed line we have broken out of the descending wedge and are close to the resistance area. Todays daily candle is forming a Doji candle.

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Bitcoin recorded bullish movements on Saturday as it rose above a key resistance level at 3684. To get receive updates for the writer you can follow on Twitter ( @filbfilb ) and, tradingView. The vision of EOS is that everyday users will, in the near future, be able to run dapps from mobile devices with no specialized knowledge - just as they currently do with apps downloaded from the App Store. The major resistance area is at with a minor area. Appeared first on, coingape. A downward movement followed by consolidation increases the possibility of another downward.

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