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Is BTCS ready to move lower? New 52 Week Closing Low shows up after dropping 3.82%
BTCS closed down 3.82% on Thursday, July 16th, with volume running 0.0× below average. consolidation patterns formed: NR7 and Narrow Range Bar and Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 0.97, 0.95 & 0.93, with resistance at 1.01, 1.03 & 1.05. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of BTCS: F
There’s more where that came from. See all of today’s signals for BTCS here.
Read full article here »