The red trendline which acted as support for very long is now a resistance, BTC has to come down to lower supports before moving higher. 12.4k is most probably a lower high for now. It might bang against it a couple of more times but its not getting past it for now.
BTCUSD
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If you like my ideas, please do leave a like guys! Would very much appreciate the support! Any healthy criticism is also most welcome!
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Would be nice confirmation if day closes below 12216
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