BTCUSD 08/03

I see BTC turning around in the blue zone where the price is right now or somewhere between the lower blue zone and the resistance above. Since the short trend is broken for the first time here, there is still a chance that we might see another lower low. In this case I am aiming for the big blue zone, especially the area around the trend channel which started on the low of the current bull run and was left upwards in november 2020.
Beyond Technical AnalysisTechnical IndicatorsTrend Analysis

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