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The price rebounded from the support zone I highlighted yesterday, while also demonstrating a false break of the last two days' lows. On the lower timeframe, it seems that an ABC corrective move has occurred, typically indicating a potential continuation thereafter. Furthermore, a long-tailed bar on the 4H timeframe signals a rejection at that level, and a triangle patter may suggest that a trend continuation as well. I expect that this weekly candle may close bullish as it retests the 3050 level what we saw last week. My goal is resistance zone around 3047.550
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🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
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💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
Related publications
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.