BTC/USD chart analysis
BTC is showing breakout signals. so wait for the next two
candles after the breakout to confirm the trend.
Case 1 : If it goes down, then we should prevent it to break
support at 0.5 fib to keep uptrend or else we dip again.
Case 2 : if it goes up, then it should break resistance at .5 fib
to confirm long uptrend for ATH.
candles after the breakout to confirm the trend.
Case 1 : If it goes down, then we should prevent it to break
support at 0.5 fib to keep uptrend or else we dip again.
Case 2 : if it goes up, then it should break resistance at .5 fib
to confirm long uptrend for ATH.
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