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BTCUSDT Perpetual Contract
Long
May 16, 2022
BTC - 29000 is a solid support
2
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2
2
Looking at a more extensive timeframe chart (weekly & daily),
29000 is excellent trendline support
for BTC.
It gives a very good support area coinciding with the horizontal support around 30000.
Long positions may be opened in this range with a stop-loss defined below the support.
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