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11/13/2014 12:41:00 PM

BitCoin - Technical Analysis: Thursday, 13/11/2014 17:41 GMT



Good positive rally that supports more rise after 76.4% Fibonacci level remained intact against the price recent negative pressure, and positive support from the exponential moving average 50 that was breached previously and turned into support now.

A double bottom pattern was completed to reinforce the expectations for more rise in the upcoming period.


Target
Risk


Support
Resistance


Trend Bullish

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