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RE: Bitcoin Daily Update (day 188)

in #bitcoin6 years ago (edited)

stochs 9:3.png

Stochastics are overbought on the following time frames: 1h, 2h, 4h, 6h, 12h, 1d. There are also bearish divergences on the 4h and 12h. A short term correction is expected. If that correction breaks down the rising wedge then a medium - long term correction is expected (1w - 6w).