After our first profit level of $ 8 was hit, we saw a strong momentum for a gift from the downward movement of BTC. Thanks to this, we have reset the RSI and the strong resistance around $ 8 is unlikely to be a challenge. An additional confirmation is the support on the orange MA which is a strong support.
Further increases are possible up to the level of $ 11-12
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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.