Bitcoin / TetherUS
Updated

BITCOIN UPDATE

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BITCOIN UPDATE

we broke out of this and if you measured inside of the it with the green line you can see it reached exactly to that measured move, now we have formed a descending channel pattern and the white line which is previous resistance is now new support! it must hold!
Note
snapshot Bitcoin just attempted to breakout from the descending channel as you can see it wicked up, the good news is that we are really oversold on the hourly timeframe! The next hourly candle will give more clarity

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