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Bitcoin Forum > Economy > Economics > Speculation > Chinese Investors Tears off Its Shanghai Index (big crash yesterday)
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ivyleague1985 (OP)
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January 20, 2015, 01:13:20 AM
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It tells us one thing: chasing new highs and new lows are always dangerous.

When momentum loses its steam, reversal will come into play.

For bitcoin, 12H MACD flips into green field, 24H MACD is off its peak and will tap into green soon. Very bullish TA signal I will say.
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