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Bitcoin
Short

BTCUSD testing resistance, potential drop!

Di easyMarkets
Broker


Price is testing our first resistance (horizontal overlap resistance, 100% Fibonacci extension,38.2% Fibonacci retracement) where a strong drop to our major support (horizontal pullback support, 50% Fibonacci retracement, 61.8% Fibonacci extension) might occur. Stochastic is also approaching resistance where we might see a drop.
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Losses can exceed the initial investment so please ensure you fully understand the risks.
BTCBTCUSDChart PatternsforexanalysisHarmonic PatternsTrend AnalysisUSD
easyMarkets
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