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11/20/2015 2:10:46 AM

Bitcoin breaks ascending channel’s support – Technical Analysis – 20-11-2015



Bitcoin price declined to break the ascending channel’s support that carried the short term trading, accompanied by breaking the moving average 50, to fall under additional negative pressure, along with the continuous negative signals that come by stochastic.

Therefore, the decline will be expected for the coming trading, targeting 294.00 key support.


Target
Risk


Support
Resistance


Trend Bearish

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