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Youtube:

Weekly

Looking at our trend timeframe we see price is currently testing our uptrend line, momentum looking bearish although it is slowing down. A breakthrough our dynamic support and expect a drop towards 125 satoshis, leaning towards the scenario happening.

Daily

Shifting over to our pattern timeframe we see price has formed a lower high and is now looking to form a lower low, momentum contiuing to look bearish. A daily close above 200 and we should at our dynamic and horizontal support, however if we fail to close above this level expect a drop towards 125.

Link To Chart

Conclusion

• Buy: After Daily Close Above 200 / Bounce Off 125
• Sell: NO

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Disclaimer: I am not a financial advisor nor am I giving financial advice. I am sharing my biased opinion based off speculation. You should not take my opinion as financial advice. You should always do your research before making any investment. You should also understand the risks of investing. This is all speculative based investing.

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