Bitcoin bears exhausted - Reversal will come

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Hello guys, bitcoin made a sharp bear move the last time. As you can see in my chart it is trading in a channel and wedge formation.
We will see an up-move soon to the area seen in my chart, at the psychological level 9900 - 10.000 USD.
Bitcoin touched exactly the lower line of the wedge and channel.
Strong support is at 8000 - 8100 USD.
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RSI: Oversold
Stochastic: Oversold
Target: 9800 - 9900
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Information provided is only educational and should not be used to take action in markets.
Thanks.
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Trade active

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Low momentum on the daily showing reversal signs

www.tradingview.com/chart/z140vc8a/

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People taking monthly or weekly charts to discuss price action... in trading, you have to take smaller time frames to have the right accuracy.

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twitter.com/VincePrince244

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We see good volume and price action
BTC touched exactly my support line

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"The sun shines in vain for everyone."

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The information provided is for educational purposes only and should not be used to take action in markets.