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RE: Bitshares-Bitcoin-USD technical analysis 16th Feb 2018

in #bitshares7 years ago (edited)

Bitcoin already reachead 54.5% at RSI at weekly timeframe, that means RSI will be on that ratio to the end of this week, which means price will go to reach the target (see Bitcoin weekly timeframe chart) then it will bounce. Remember RSI moves slower than the price does . I think RSI will go to hit 50% ar a bit less the next week, or the next two weeks more less.

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