Bitcoin
Long

BTCUSD (4hr)

244
BTC has found support around $47k, price action looking similar to the previous touch of the ascending trend line where support was found at $44k (19th August), before price bounced and moved up to the $50k level. If we are able to replicate such a bounce off the trend line again, we could reach the 0.702 level of $54k, approx 12% gain from current price.

RSI has also reset on the 4hr chart (around the same level as it was during the previous touch of trend line)

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