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Previously on BTC the falling wedge was formed and we got a breakout and growth with a bullish flag in the middle way.
Currently the Falling Wedge was formed again and we have price sitting on strong support zone.
On the gold we saw similar behavior which led to the good growth and btc can repeat the scenario. But we need to see confirmations first before we go long, because situation is different and timeframes too.
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
Previously on BTC the falling wedge was formed and we got a breakout and growth with a bullish flag in the middle way.
Currently the Falling Wedge was formed again and we have price sitting on strong support zone.
On the gold we saw similar behavior which led to the good growth and btc can repeat the scenario. But we need to see confirmations first before we go long, because situation is different and timeframes too.
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.