Cindicator had broken from a downward trend-line and moving upward to get into a balanced position from this bear phase. There might be a decent profitable trade in short term before it start going down again in case the Bitcoin start falling again.
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Trying to cross last high of 315. If successful it might try to go for 340.
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BTC is in bad shape again. If BTC breaks to 3500 again CND will become bearish.