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am17ma
Apr 3, 2022 2:21 PM

BTC short term PA for week beginning 04/04/22 (4hr) Short

BTC Perpetual Futures ContractBinance

Description

BTC has entered a wedge formation on the 4 hr chart with the earlier support of this structure acting as the new resistance. This would suggest weakness in the chart's local structure, and a possible break down to a higher time frame support at the beginning of next week. PA after that would depend on how BTC acts at that support.
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