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MadWhale
Jan 18, 2022 2:03 PM

BITCOIN close to important support area πŸš€πŸš€Β Long

Bitcoin / TetherUSBinance

Description

β‹…
Based on the chart, the price has completed the retest of the descending channel βœ”οΈ
and after that
it has broken the black trend line to the upside βœ”οΈ
and then
the price has completed the retest of the black trend line βœ”οΈ
and now
become close to important support area βœ”οΈ
so
we expect gain for the price from this support area πŸš€
and
our first target is $46000 ($46000 is really important for BITCOIN because we used this area as the last support zone for the price, and now it is our important resistance)πŸ’£πŸ’‘
after that
if the price breaks this area (46000) we can expect sharp gain for BITCOIN πŸš€πŸš€

our important resistance and support area are located on the chart βœ”οΈ

This is not financial advice, always do your own research.
Please, feel free to ask your question, write it in the comments below, and I will answer.
πŸ‹
Comments
DeFeye
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Nice chart mate!
MadWhale
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@DeFeye,
thx
AtaqueToros
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We are going to 30K, that's the support, and then maybe to 24K
Jack4877
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agree
MadWhale
β‹…
@Jack4877,
πŸ‘
bornfacedown
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I agree with you. But we are likely to touch support at 39K+ again before the journey to 46k.
MadWhale
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Radik_trader
β‹…
Excellent!
MadWhale
β‹…
yonsfx
β‹…
πŸ’ͺ🏾πŸ’ͺ🏾
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