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I told you so!
Bitcoin / TetherUS
I told you so!
By ShawnMCR
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May 9, 2022
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May 9, 2022
Let's see how BTC is behaving.
This is a 1D chart. (Long Term)
As we said before, Bitcoin would hit resistance one last time and go back to the solid support area, which was correct!
And for now, there are two new support areas on the way down.
I'll give you more updates in another chart in a smaller timeframe.
There is one resistance area on the way up, which is way strong. It might push the price back down if tested.
The RSI shows that BTC is below the 50 levels, the center.
If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings:
Current Market Price: $32377
Let me know your ideas.
Good luck.
Bitcoin (Cryptocurrency)
BTC
BTCUSD
BTCUSDT
Chart Patterns
Technical Indicators
Trend Analysis
ShawnMCR
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Related publications
Bitcoin - Outlook ✅
by ShawnMCR
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