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We believe that the upward cycle with an 80% probability is over.
At the moment, we recommend considering short sales from the level of 8980, after confirmation in the form of fixing a candlestick below the level of 8980.
We believe that the upward cycle with an 80% probability is over.
At the moment, we recommend considering short sales from the level of 8980, after confirmation in the form of fixing a candlestick below the level of 8980.
Note
UpdateAlternative scenario
Note
Main scenarioNote
Actual scenarioNote
Update Main scenarioNote
BTC sales are relevant from levels 8970-9090.Stop loss at 9250.
The take profit level is 8250.
Note
UpdateAlternative scenario
Bitcoin purchases are relevant from the level of 8780.
Stop loss level is 8700.
The first profit taking level is 9230.
After successfully building the initial impulse and local price correction, a bullish rally may continue in the direction of 11000.
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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.
Related publications
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.