BTC Bear Flag and Rising Channels

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As you can see, we are in a confirmed two-layer ascending channel structure.

We have already been rejected by the ma200/W.

This decline brought with it the bear flag formation, which is a continuation / decline formation.

As for the ascending channel breakout, it looks like it will show us a deeper bottom.
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The lower band of the channel region has been reached, I suggest you take a position according to the breakout or reaction.
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Channel is broken.
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TP1 reached. May it be beneficial.
bearflagpatternBeyond Technical AnalysisBitcoin (Cryptocurrency)breakoutBTCTechnical IndicatorspricepredictionshorttargettrendTrend Analysis

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