BTCUSD short term support holding above cloud and .786 fib Weak trend line holding price at that level as well..beardiv forming on RSI so long-term still looking a bit risky.
If we hold above cloud I'm expecting a bounce to a $7800 zone before more chop
Note
Updated support zone for clarity
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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.