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PolarHusk
May 22, 2021 5:09 PM

BTC/USD (32k Weekly Key Support?) 

Bitcoin / U.S. dollarBitstamp

Description

💎Technical Analysis Summary💎



BTC/USD

-Bitcoin weekly swing top has been set at 64k dollars
-The recent dump touches its weekly strong support zone
-We can see a bullish rejection near the 50W moving average
-This is a good sign but still not enough to push the price back above
-I think we will trade below the 40k or low 40k zone in the coming days
-Expect high volatility so please use proper stop loss location and risk management
-Some info is in the chart kindly check above
-Thanks all for the support! keep safe!


⚠️Please always read the description⚠️

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If you need help/advice don't hesitate to
Send me a message here PolarHusk😊
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Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
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Comments
CommanderKeen
The 100MA reaches 2017 ATH level = PUMP
PolarHusk
caldooninvestment
Interesting and detailed content brother!
PolarHusk
Wolf_of_Trading
here is my idea
BTCINVESTING
thx for sharing. lets see. maybe we are here ... :-)

TopTradingSignals
This is possible indeed! thanks for sharing!
PolarHusk
@TopTradingSignals, Thank you!
Signal_Forex
Chart look nise
AtlasTrades
Good idea, agree!
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