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Bitcoin






12/4/2018 1:35:02 AM

Bitcoin - Technical Analysis: Tuesday, 04/12/2018 06:35 GMT



The completion of the double top pattern indicates Bitcoin price fall under expected negative pressure in the coming period, and the negative pressure coming by the exponential moving averages 50 and 100 supports the continuation of the decline.

The next target at 3400.00, and consolidating below 4000.00 keeps the expected decline.

adax


Target
Risk


Support
Resistance


Trend Bearish

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