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Let's get to the chart! BTC broke out of the microchannel and is currently trading around the 42K level. The lower support is around $39400 to 40340 which also happens to be the area too long BTC if you haven't bought yet. I also understand that the breakout was too quick and many people missed the move. No worries, never FOMO. You have two options,
1. You can simply start buying now and add to your positions following DCA strategy or 2. You can wait for the retest around the green zone.
I opened some longs based on yesterday's bullish divergence and bearish momentum in USDT.D Chart. Expecting more upside here as per the chart. #DYOR before taking any trade. This is not financial advice.
What do you think? Do let me know and hit the like button.
Thank you
#PEACE
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BTC is Retesting as of now. We are seeing multiple hourly candles wicking to the downside showing signs of buying pressure by the bulls. Volume is intermediate, need more here. As per the chart, it looks like a retest to me. It's bullish above 38k.