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🚨 NEW SIGNAL ALERT 🚨
🪙 Coin Name: #BTC/USDT 4h
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On the 4-hour time frame, Bitcoin (BTC) has developed a descending triangle chart pattern. Although descending triangles are typically bearish patterns, in this instance, the Relative Strength Index (RSI) indicates a bullish sentiment. The RSI has shown signs of bullish divergence, suggesting that the selling pressure is decreasing and a potential reversal could be on the horizon. BTC has recently hit and broken through the resistance line of the descending triangle, confirming a bullish breakout. This breakout, coupled with the bullish RSI signals, indicates that BTC is likely to enter a bullish phase.
Entry: 67746.57 - Market Price
Signal Type: LONG
Take Profit-
🎯$69000
🎯$70000
🎯$70447
🔒 Leverage: 20x
⛔ Stop Loss at: $65831.05
Technical Target
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