Bitcoin is still bearish in Renko chart

Bitcoin / U.S. dollar BITSTAMP:BTCUSD

MJShahsavar

Bitcoin still is bearish in Renko chart. it resected the MA 40 resistance and breakdown the trendline support. Renko analysis does not show any signs of trend changing. we can not confirm the breakdown now. if bitcoin returns again inside the value area, We can consider this breakdown as a potential spring

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