hello? Traders, welcome.
Notes related to this analysis :
In this chart, we have a strong downward trendline from which the price has been rejected twice
On the other hand, if we want to look at the chart horizontally, in the same zone where the price is located, a resistance zone has been formed, which the price has been unable to cross.
In addition, we seem to have a divergence in the Macdi histogram
As I wrote in the chart, I think we can have a safe selling position by breaking the trend line (red line).
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Bitcoin (Cryptocurrency)BTCBTCUSDSupport and ResistanceTrend AnalysisTrend Lines

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