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BTCS makes New 52 Week Closing Low on July 16
BTCS finished lower by 3.59% on Thursday, July 16th, trading 0.7 times its typical volume. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 0.97, 0.94 & 0.92, with resistance at 1.02, 1.04 & 1.07. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.
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 »