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since Jul 29, 2020
beyondta
indicator
trendanalysis
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The price has retraced to the H1 support level, where a previous H1-to-H1 engulfing pattern signalled strong buying momentum. As the price returns to this zone, it is expected to respect the prior momentum. Wait for a confirmed H1 engulfing candle, which could lead to a potential spike towards the nearest resistance area.
2
BTC just tested the premature TP area and will pull back, and then might strike us all the way to the 1,618 area.
4
Follow the trendlines Yellow: H1 Blue: M15 Red: H4
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