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12/6/2018 1:20:05 AM

Bitcoin - Technical Analysis: Thursday, 06/12/2018 06:20 GMT



Bitcoin price’s current rise heads to retest the broken neckline of the double top pattern, and the bearish trend still dominant, supported by the negative pressure by the exponential moving averages 50 and 100.

The next expected target at 3400.00, and it is important to consolidate below 4000.00 to continue the expected decline.

adax


Target
Risk


Support
Resistance


Trend Bearish

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