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BTC : So far so good. Price moving as per expectation.

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So far so good. Price is moving as per expectation.
1) 17 Feb - Price breaks above down trend channel with strong volume.
2) 20 Feb - Price continue to move up until it form "Shooting Star candle" hit Resistance at 11700. Same level as 28 Jan
3) 25 Feb - Pull back to FIBO 0.382 ($9351) and rebounce around EMA200.

HOLD : Expect to move towards 11700 resistance. If breaks, Next target 13100.
- Price is still below EMA50
+ Buying momentum is improving and not Overbought.
+ Force Index turned Positive.
kgiap123
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Trend AnalysisWave Analysis
kgiap123
Contact me to learn Turtle Trading System, MCDX and other indicators (t.me/SgxFx)

tradingview.com/script/mbiUr95n-MCDX-Plus/
tradingview.com/script/mcAidXIT-FiFT-Pro/
tradingview.com/script/viAR3Ilo-Trend-Sign
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.