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PFunk420
Apr 20, 2021 2:43 PM

BTC has found some temporary support Long

Bitcoin / United States DollarCoinbase

Description

BTC is still tapping on the edge of the blue ellipse. Depending on how it exits that ellipse, I can see either the yellow or orange paths as possible, bringing us back up to the $60-62K range. If it breaks down to the bottom of the blue sphere, or exits somewhere in the middle right, then the red path may be in play.
Comments
JuneZzang
must hold 50ema or going down more. I assume...somewhere around 48k first then 46k....I hope we hold 50ema... which is 56k.
PFunk420
@JuneZzang Good point! I agree that 46K is very possible, and I have it marked for myself as a potential buy zone, assuming it doesn’t fall through.
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