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12/18/2014 1:59:17 AM

BitCoin - Technical Analysis: Thursday, 18/12/2014 06:59 GMT



Breaking 76.4% Fibonacci level for the bullish wave from 85.00 to 1163.00 forms a strong negative factor, and bearish trend trip that might target bottom areas, mainly begin at 200.00.

The exponential moving average 50 pushes negatively on the price, and stochastic overlaps bearishly.


Target
Risk


Support
Resistance


Trend Bearish

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