Bitcoin price retest demand zone and showed bullish reaction from that zone.
We could look for buy setup if we see a valid pullback and confirmation.
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_Retest of demand zone
_Bullish Engulfing candle D1
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BITCOIN _ POTENTIAL BUY:
ETHUSD _ POTENTIAL BUY:
Since price showed a nice and clear impulsive move, it took times to correct and we can see a nice contracting bull structure setting up.
Price need to break this pattern and we can expect another impulsive move to the upside.
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After a strong rally and breakout of a large trading range, price pulls back and now retesting previous broken resistance zone and this zone is likely goig to act as support zone where is the best place to buy this coin.
Price is sitting in a strong support zone that continue to hold from April.
We can also see an early developement a bullish flag pattern that need to be broken to the upside for more confirmation.
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Hey traders, Here is a point of view and some key levels about bitcoin price.
We can see price after breakout of previous daily high, price retraces and retests key level and key zone. We can expect bullish continuation to new ATH.
AUDUSD Price 4H timeframe price is in a bullish structure and now hits damand zone and showing some bullish sign. We can look for buy setup and expect price to go up to test the zone around 0.736 and then go higher if price break it,