BTCUSD BUY OPPORTUNITY WITH PRICE ACTION
The currency is now trading at 43500$ and is trading within a downtrend channel at the time of writing this trade suggestion. The scenario for Bitcoin is ambiguous: on the one hand, a price above the psychological threshold of 40000$ recommends long, but on the other, the declining channel at present levels is beginning to signal sell.
However, a little upward advance to the upper boundary of the downtrend channel is anticipated at this time. You can take the level of 44452$ for a sure take profit. This level has a strong resistance region, and the area's trading is unlikely to allow buyers to continue higher in the short term.
However, a little upward advance to the upper boundary of the downtrend channel is anticipated at this time. You can take the level of 44452$ for a sure take profit. This level has a strong resistance region, and the area's trading is unlikely to allow buyers to continue higher in the short term.
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