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BTC/USD: Resistance at $35k Continues to Hold

From dailyforex.com

The best method to identify a classic “price action reversal” is for an hourly candle to close, such as a pin bar, a doji, an outside or even just an engulfing candle with a higher close. You can exploit these levels or zones by watching the price action that occurs at the given levels. BTC/USD Analysis I wrote in my previous BTC/USD analysis that there could be a good short trade entry opportunity due to the medium-term bearish trend. In fact, there was little volatility that day, and none of my key levels were reached. The technical picture has become much more bullish over the past two weeks, especially over the ... (full story)

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  • Category: Technical Analysis