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Bitcoin
Short

BTCUSD 1d

By tanreu
BTC is getting rejected off a historical resistance area at around 47460. Look at the wick that formed above the last Renko brick. The moku cloud is signaling indecision and the Renko bricks are snaking through the cloud again and again, which is also signaling indecision. Short term we are likely to correct though the moku cloud looks like it is on an uptrend so we could be going back up in the middle term.
Chart PatternsTrend Analysis
tanreu

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