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qasim009

BTCUSD is in a Bearish Rectangle Pattern

Short
Bitcoin (BITSTAMP:BTCUSD)  
qasim009  
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Rectangle Oscillators
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trendanalysis rectangle oscillator
The price is consolidating for a while during a downtrend on 1HR time frame.
Bears are catching their breath before pushing the price further down.
No divergences have been noted.

Verdict: Bears to win.
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