The MA has been acted as a support that clearly was respected by the market. After the last rejection of the Moving Average, BlockNet broke above the neckline of the pattern, suggesting the continuation of the uptrend towards previous highs. The is between btc 0.0065 and 0.0075 which is expected to be reached in the short to medium term.
On the downside, the is based between btc 0.0028 and 0.0024, where only daily break and close below could invalidate outlook.
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