BTC Trading idea
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Since $ 7700 -7800 is a local buy zone, the price is likely to go up to $ 8180 - 8200. If buyers are unable to break through the $ 8180 resistance level then a lateral price movement (consolidation or flat) can be expected.
Otherwise, the price may fall below the local buy zone of $ 7700 - 7800 and then the decrease will continue to $ 7500.
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Since $ 7700 -7800 is a local buy zone, the price is likely to go up to $ 8180 - 8200. If buyers are unable to break through the $ 8180 resistance level then a lateral price movement (consolidation or flat) can be expected.
Otherwise, the price may fall below the local buy zone of $ 7700 - 7800 and then the decrease will continue to $ 7500.
_________________________________________
This analysis and more in our Telegram channel.
Also, don't forget to visit our profile.
Disclaimer
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.
Disclaimer
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.