


FoxyK_
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0Joined Jun 1, 2021
btc
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Hello fellow traders, today i would like to share my idea on the next possible move of BTC . Since I'm new to trading and not qualified to give any sort of financial advice take this as a general outlook of the current situation and my personal thought. I'm not a native english speaker so excuse me if i make any sort of grammatical errors. For starters i would...
9
We are currently in a huge parallel descending channel, from a weekly perspective i would say we might retrace back to the previous resistance (red area) which now turned into a support. If the weekly closes below 23.5k this whole idea is invalided, nonetheless if the support holds we might see some more upward continuation towards the 30k level (gray box).
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