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BTCUSD made a bullish exit, potential to rise further!

ICmarkets tarafından
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BTCUSD made a bullish exit from its descending resistance-turned-support line and has the potential to rise to its 1st resistance at 9465 (50% Fibonacci retracement, horizontal overlap resistance). If it surpasses this level, it could possibly rise to the 2nd resistance at 9847 (61.8% Fibonacci retracement, cup and handle exit potential). We have identified supports at 8542 (horizontal overlap support) and 7994 (horizontal overlap support).

RSI (89, 5, 3) shows a corresponding bullish breakout from its descending resistance-turned-support line.
Bitcoin (Cryptocurrency)bitcoinforecastBTCBTCUSDChart PatternsForexforexsignalsHarmonic PatternsTrend AnalysisUSD
ICmarkets
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IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
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Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.