BTCUSD Is Testing Its Ascending Channel Support!
BTCUSD is testing its ascending channel support where a potential bounce on weakness at 9286 (61.8% Fibonacci retracement, horizontal pullback support) could occur, causing price to bounce up all the way to its resistance at 9972 (61.8% Fibonacci extension, horizontal swing high resistance).
RSI (34) is approaching its descending support line where a corresponding bounce is expected.
RSI (34) is approaching its descending support line where a corresponding bounce is expected.
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