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BTC: Recovery Phase Stops

March 24, 2018/0 Comments/in Technical Analysis, Uncategorized Echo_21 /by euitsols

BitCoin after the recent recovery, yesterday the market showed with daily close a sell signal.

As shown below on the daily chart. Prices could not close above the resistance are of 9200. However, it created a sell signal which mean the prices would continue the mid-term down trend if the prices did not close above the mentioned levels.

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