On the 17th of November 2011 We have identified the downwards trendline from the high And the priced has retraced below the 0.768 level The RSI has had a technical breakout And on this date, we had clear bullish divergence.
On the smaller time frames i am confident that bitcoin broke out of its trendline and retested before leaving this price level
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.