clusterr
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since Jul 18, 2017
chartpattern
indicator
solvecare
solvecarebtc
trendanalysis
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As you can see the trendline broke down creating a downtrend. A hammer was drawn indicating reversal but it failed to break the short term resistance.
5
The second trendline got broken and later denied trying to reclaim. 4h frame was also heavily overbought and some dojis and a drop in volume at the top also indicated downwards movement. Now the price is headed back to the initial uptrendline. 1h is showing indecisive candles which could indicate a reversal, it also fits with the trendline. If the price breaks...
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