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  • Squawk / 13 February 2018 at 12:27 GMT
    Founder, Owner, Director / Market Chartist
    United Kingdom
    Bitcoin showing evidences of a reversal by Gregor Horvat

    As expected BTCUSD fell down into 5th wave of wave (c) , a final leg of decline that we have been talking about a lot in our past reports. We have seen a move into our projected target zone where temproary low has been found; at the trend support line shown on a weekly chart below. You can also see a weekly reversal candlestick, another evidence that higher prices can be in play. Bitcoin Investment Trust may also look for some supports at current channel support.

    For the full article go here: https://www.fxexplained.co.uk/forex-articles/current-market-analysis/bitcoin-showing-evidences-reversal/
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    Morris Morris
    Great work! Elliot's meet Fibonacci. Powerful