Bitcoin

BTCUSD Closing of the 1D candle is of the highest importance

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BTCUSD broke under the two month Channel Up.
Yesterday's 1D candle closed back inside it though, which maintains its trend, in a similar way that the candle breaks on its top in February, closed back inside it.
The previous bottom was 7 days after the Golden Cross (1D). Today is 7 days after the MA100-50 Cross (1D).

Trading Plan:
1. Buy if the candle closes inside the Channel Up.
2. Sell if the candle closes below the Channel Up.

Targets:
1. 25500 (near the top of the Channel Up)
2. 20800 (tranjectory of the MA100 (1D)).

Tips:
1. The RSI (1D) is trading inside a Channel Down. Previous bottom was a buy.

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