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Note
As i mentioned below, BTC touched the upper side of falling wedge and showed short-term rise. If the triangular convergence continues, it will reach a major resistance level(logged scale).Note
<img style="-webkit-user-select: none;cursor: zoom-in;" src="tradingview.com/x/Z9RkSz6y/" width="700" height="372">Note
updateNote
If the price does not drop below the lower level, this can be expected.
Note
BTCUSD climbed to its major resistance level and break through it!! If bulls defend this zone, additional rise can be expected
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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.