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John Bolnding, the Gartendary Chartist to create the bollinger bands inidate, recently taken to average X-price-average cloud of Issue Warning of the technical analysis.
Noticed that bitcoin and many other cryptorencies are installed a “fake head” following a bandy band band.
The term, which original comes from basketball, refers to a certain asset hated in a direction before off-pound in reversion outside of the keepers.
A bear trap?
August 3, bitcoin broke a low week of $ 11119 in the bitstamp bitch before recovering $ 115.732 first week.
Bollinger is likely to be referring to this bottom rifle, who ended by being a trap for bears.
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Notamable Legrentian analyst. The same model may not be observed on Cryptorency Exchange funds (Etfs) since you do not trade during the weekend.
Bitcoin currently changes hands to $ 115.229 on Bitstamp Box.
Bollinger’s presicipate prediction
As well as reported by u.todayThe bollinger carefully has bitcoin was established for a break in early july.
Bitcoin continued to reach their current all the time $ 122.838 on July 14.
