Greetings Traders this is my analysis for BTCUSD and it continues to go for a Long Position.
We can see on the chart that the price has rejected itself and went for a downtrend and a conformation of the price it begins to go for a further uptrend movement.
Also we can see after the rejection it went for a solid swing so in continues to go for a uptrend.
The price has reached the support and it goes to the next resistance line.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.