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WAJIDGOLDTRADE
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#BTCUSDT
$BTC
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NEVER GET ON THE WRONG SIDE AGAIN.
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#BTCUSDT $BTC BITCOIN CAUGHT IN THE MIDDLE. H4 TF being the strongest chart that plays a vital role between Intraday H1 TF and Swing D1 TF. Whenever price is stuck (Sideways) this H4 TF helps a lot to forecast price action. If we compare H4 and D1 in the current situation then it is evident that price is looking for a break up to either side, However being under 66000 it is more likely to test the bottom first. Again Sma44 will play the break / rejection part to determine the movement. Both charts are showing a top at 71200 and a bottom of 61100. #Write2Earn!
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#BTCUSDT $BTC BTC SIGNAL II IS ON! Another situation is building up in H1 TF of a DB. Price may get rejection from immediate previous bottom at 64550 creating a DB situation in it. The break point is again 66000. #Write2Earn!
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#BTCUSDT $BTC BTC SIGNAL ON! As per previous analysis, price has come under 66000 SNR and Sma44 D1 TF. RSI is also moving under 50 level. Now we can comfortably try a sell position if price gets rejection from 66000 level in H1 TF. We may BE this entry on reaching 65500 and target our TP for 61500. Good Luck! #Write2Earn!
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#BTCUSDT $BTC WHAT IS NEXT FOR BITCOIN? This D1 TF chart is self explanatory. I have found two channels. A-Channel (Ascending) and D-Channel (Descending) . A-Channel is the continuity of Golden Cross of Sma200 & Sma44 from October 2023 and its break point I see is at 69000. D-Channel is a newly formed channel after Bitcoin made its highest ever. we are on the edge of its continuation if 66000 level gets broken. Conclusion: The Sma44 is playing a vital role at current situation as price is on the verge of getting its support or resistance. #Write2Earn!
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