We found XABCD pattern formation and to confirm it we decided to use Ichimoku cloud. The price is above Ichi cloud, this indicates an uptrend and possibility to finish the formation that is drawn on the chart. Moreover the Leading Span A (green cloud line) is rising and is above the Leading Span B (red cloud line) it means that the uptrend is strengthened. Green cloud is now a strong support and we expect that the price of BTC will move in the parallel ascending channel.
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