nagihatoum

BTC possible relief bounce

Long
BITFINEX:BTCUSD   Bitcoin
BTC reached the 2022 open which has been a remarkable support and forms a mid-range with 40K resistance. The OBV about to bounce of its channel support. The CCI is crossing its downtrend and moving out of oversold. A logical move is to 40k at the range and channel resistance.

Break of the red trendline is very bearish.

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