dgcoco

strong bearish signal on 1D

Short
BITSTAMP:BTCUSD   Bitcoin
we have completed a possible bear flag continuation pattern of the current downtrend. a re-test of 6k is possible, while worst case scenarios could point to 2-3k. also worth noting is the fact that yesterday closed below the 50 day dema with today already looking to continue dropping. the macd shows a possible crossover looming, as well. in short, some very strong bearish signals beginning to emerge.
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