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jana πŸŽ©πŸ”΅ pfp
jana πŸŽ©πŸ”΅
@romance
Bitcoin is encountering rejection at the resistance trendline of its descending triangle pattern and is currently trading within the horizontal demand zone of the triangle. A bounce from this level is possible. However, the Ichimoku Cloud and the 200MA are acting as strong resistance barriers. A breakdown below the pattern's support could lead to further market correction. 😁
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