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RE: BTCUSD chart, minute level: Elliott Waves and Support Levels.

in #bitcoin6 years ago

My only concern is how volume will hold up. We have seen more volume when selling pressure is on vs volumes with higher price movements. If they do not hold up, support levels may not hold leading to a deeper fall and a break in the trend. We also need heavier volume to confirm any breakout of the $11,500-$12,000 range.

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