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27.TECHNICAL ANALYSIS: BTCUSD (Published: 20th Jul, 2017)
BTC/USD was having a strong uptrend and tested the $2400 resistance level twice. It failed and now struggles at the $2270 support level. Negative Directional Index is leading with a low ADX while volume is also low, meaning that the price can either test $2400 again, or fall back to $2100. Traders should wait for momentum signals to enter a trade appropriately.

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