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Bitcoin
Short

BTCUSD SELL 56500

144
On the weekly chart, BTCUSD formed a double top pattern and then broke down. The current bearish trend is obvious. At present, we can pay attention to the resistance near 56500. If the rebound encounters resistance, we can consider selling. The downward target is the demand area of ​​50500-53000.
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Double Top or BottomSupply and DemandSupport and Resistance

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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Double Top or BottomSupply and DemandSupport and Resistance
XTrendSpeed
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.