DLavrov

Bitcoin Bearish Divergence

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BITSTAMP:BTCUSD   Bitcoin
66
Price diverged with RSI and it's a sell signal. The resistance zone can be a good entry level for opening short trades if price moves higher. But at the same time it's possible to place sell-stop orders below the low of the bearish candle. Stop orders must be placed above 2760.00 and take-profit orders at the support zone and the uptrend line.

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