Level_One

BTC still Bullish but not Buying yet.

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COINBASE:BTCUSD   Bitcoin
The major Bullish trend line below the current price is aligned with the 1D EMA200. This should provide significant support if the Bull trend will continue. Watching for Bullish Divergence on RSI during the next swing low or double bottom before breaking out of the resistance trend line above. Waiting for confirmation before making long entry.

What do you think? Will price move up faster than the chart presented?



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