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We are in a descending channel that usually breaks to the upside and we rejected on the higher time frames our support line and our major 44k support level.
If we break to the upside with confirmation, we will see BTC at our targets:
46500
47200
47600
Our short trade setup is still on, we are still in a rising wedge on higher time frames, we just need our confirmation, meanwhile if we see a little upside on lower time frames we should not forget the real deal...
Link below to some interesting ideas linked to BTC.
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What do you think?
Good luck traders,
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Not financial advice
Manage risk and leverage
DYOR
NajjarTrading