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BITCOIN forecast & technical analysis on November 14, 2017

BITCOIN forecast & technical analysis on November 14, 2017


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Bitcoin BTC/USD are traded at 6439 and proceed to maneuver throughout the fall. The course Bitcoin confirmed a drop throughout the enchancment of the reversal pattern «Head and shoulders». At this stage, we should always at all times depend on a check out of the broken channel border near the 6900 stage.

BITCOIN forecast & technical analysis on November 14, 2017

Again, we depend on a rebound and a continued decline throughout the Bitcoin with a objective beneath 5300. In favor of falling BTC/USD beneath 5300, a resistance line check out could be carried out on the relative power indicator (RSI). The abolition of the low cost chance could be a robust progress and breakdown of the 7250 house, which might level out the continued progress of BTC/USD. Expect to hurry up the fall is with a breakdown of the extent of 6050.

BITCOIN forecast & technical analysis on November 14, 2017 assumes an attempt to examine the extent of 6900 and begin the continuation of the fall beneath 5300 all through the rebound from the broken channel boundary, an additional check in favor of Bitcoin low cost could be a resistance line check out on the relative power indicator (RSI).

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