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Dec 14, 2020 1:36 AM

Thee signs that Btc could bounce on support 

Bitcoin / United States DollarCoinbase

Description

1) The pink line, continuation of the symmetrical triangle was a strong resistance, will now act as support

2) Fib retracement level 0.236, which is a key level

3) The blue horizontal also acting as support / resistance line on the top of 21-Nov. And coincide perfectly with the 0.236 retracement level.


Breaking down the pink support line, on the 1h closing candle would cancel this short term trade.
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