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MonoCoinSignal
May 25, 2023 1:56 PM

Support Break and Potential for Price Growth 

Bitcoin / TetherUSBinance

Description

Bitcoin has breached its prior support levels within the $26,500 range, demonstrating a favorable response as it briefly touched the range spanning from $26,200 to $26,000. However, a subsequent test of this support resulted in a false break, while the previous low at $25,812 remains unbreached. As long as this critical level is upheld, there exists the potential for a positive price trajectory in Bitcoin. In the event of a shift in the current trend from this range, a substantial growth in Bitcoin's value is anticipated.
Comments
ArmanShabanTrading
Well explained!
ProSignalsFx
I am flattered!
TopTradingSignals
Noted, thank you!
UnitedSignals
Great charting style, thank you!
RLinda
Everything seems to be good. Thanks for the idea! I wish everyone who takes the risk a profitable trade)
FOREXN1
Thanks very interesting setup!
Adrian67lov
Very good technical analysis, Ty!
MonoCoinSignal
@Adrian67lov, You are welcome!
abbas78doha
Accurate analysis. Thank you.
MonoCoinSignal
@abbas78doha, Thank you!
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