This is a follow-up of my analysis this morning. As you can see from the chart, its pretty simple. 4H RSI trend-line broken up, 4H Fisher turned up, bearish trend-line broken up.
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Were approaching Monthly Pivot and my target for this EW series, 0.68. I believe we will retrace to 0.64, but there are some large buy walls right now on Bitstamp and the buy/sell open orders ratio is significantly favoring buyers right now.
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CLARIFICATION: 0.68 is the exit for Wave 3...
