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meamyean
13. Mai 2018 18:59

Today's bar in bitcoin Short

Bitcoin / DollarBitfinex

Beschreibung

In an earlier post I shared the EW count for Bitcoin and foresaw the top on 5 May (my estimation was the 6th of May). After the expected local top, the market went down to the bottom of the range and it seems we are experiencing a pullback. Today's bar shows a higher high and higher low, yet the decline in volume confirms that this is a pullback and the downward action will continue.
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