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Bitcoin can make retest to support level and then start to rise
Bitcoin / TetherUS
Long
Bitcoin can make retest to support level and then start to rise
Di AtlasTrades
Segui
Segui
30 nov 2022
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30 nov 2022
Hello my friends, today I want to talk to you about BTCUSDT.
I made a few conclusions about Bitcoin.
Recently, price bounced of support line and broke old resistance level inside of upward channel.
At the moment Bitcoin trades close new support level.
I expect that price can make retest to support level.
Then, Bitcoin can continue to rise to resistance level $17170 where is located my first target.
Next, I think that price continue to move up.
For this reason, I set up second target at $17585 level.
I expect such a scenario.
This is an article not financial advice, always do your own research.
If you still have questions, you can write it in the comments below and I will answer them.
And please don't forget to support this idea with your like and comment, thanks.
Trend Analysis
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