SublimeTraders

BTC daily ... not good

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BINANCE:BTCUSDT   Bitcoin / TetherUS
This #BTC daily chart says a lot. We have a descending channel, a head and shoulders pattern and two identified order blocks.

If we were to prioritize any over the other , the suspected direction result would be the same as we have weakness dropping out of the H&S, continuation to the downsides on the descending channel and a resistance level so thick (upper order block) that the most logical way for the price to go to would be lower.

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