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I update the idea on the futures chart, it looks even more interesting here, we can most likely form a double top here. The next candle may open down $20,000
You should also pay attention to the counter-trend line, since the last signal we broke it and the asset flew up 10%, now the trend line is a good support for the asset $20.000-19.800
If we talk about further growth, then we need to go beyond the $21,000 resistance block, gain a foothold higher at $21,500 and expect a further hike to $22,400, this will be the first serious resistance.
For now, I expect a correction towards $20,000
I update the idea on the futures chart, it looks even more interesting here, we can most likely form a double top here. The next candle may open down $20,000
You should also pay attention to the counter-trend line, since the last signal we broke it and the asset flew up 10%, now the trend line is a good support for the asset $20.000-19.800
If we talk about further growth, then we need to go beyond the $21,000 resistance block, gain a foothold higher at $21,500 and expect a further hike to $22,400, this will be the first serious resistance.
For now, I expect a correction towards $20,000
