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Technical analysis by b45bc5 about Symbol BTC on 7/26/2024

https://sahmeto.com/message/3531488
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Yesterday, the price rose to the resistance range below 66100, and then broke 66100 with great force, which is contrary to my expectations that the price may encounter upward resistance, so I did not notify members to sell in the range of 65450-66100. From the daily chart, yesterday's close was a small positive line with a long upper shadow, and today a large positive line appeared, which is a signal for the resumption of the upward trend. If the price cannot reach a new high again, the possibility of the price falling still exists, because the price trend has changed very quickly in the past two days, and it is not excluded that the price will slide into a violent rise and fall again. If the price does not fall below the resistance range of 66370-67110, it will rebound and continue the upward trend. If the price breaks below the lower limit of the resistance range, the price may head down again. Trading Tip: If the price pulls back to the resistance range 66370-67110 and faces clear resistance, you can buy with a target of 67800-68200.

Translated from: Arabic
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Signal Type: Neutral
Time Frame:
1 hour
Price at Publish Time:
$67,276.18
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