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BTCUSD Consolidation and Continuation.
Waiting for the consolidation to correct to the lower 38k and continue its bullish upwards trend to 47k.
If it breaks 38k (previous resistance turned support), next support would be around 35k with a support line and the 50 daily moving average.
The turnaround could happen today or on turnaround Tuesday, but always waiting for a confirmation before making any bets!
Good luck and manage your risk.
If it breaks 38k (previous resistance turned support), next support would be around 35k with a support line and the 50 daily moving average.
The turnaround could happen today or on turnaround Tuesday, but always waiting for a confirmation before making any bets!
Good luck and manage your risk.
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