The Namecoin/Bitcoin pair lost all bullishness on June 23, 2017 when it generated a lower high at 0.001388. It may not be easily recognizable in the chart, but the lower high created a bearish head and shoulders structure. The market effectively went in a downtrend when it broke critical support at 0.00085 on July 19. […]
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source https://cryptocurrencyonline.co/trade-recommendation-namecoin/
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