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RE: Daily Bitcoin Price Analysis - Formed A Nice Looking Hammer, Is It Enough?

in #bitcoin6 years ago

I’m just concerned that it’s just a single candle and nothing else. I would even call it an indecision candle rathe than a reversal candle at this stage too.

Still can’t make a call with any conviction here.

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Yeah, it could very well be, we dont have any confirmation yet and from a technical view for the long term, I would like to see a solid foundation and then we will have to go lower...

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