im working in previous trends line by long time, and the previous line are working like i wait, but, are only limite for trends up or down when the previous line work like resistance and the price when reach any line, or crash or back
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if crash the next blue up line, the target will be 70k, need crash on 47500
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shorts limits for this level>>>
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resistences for this level>>
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All ok, inside of range, 24k is base, 65k is top.
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48000botom...56900top, if it are bullish... or 40k again on lateralization,,,
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W
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price broke but still not close above red down line, but if close above this, is new trend with new resistances & supports for btc usd>>
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day chart, same lines>>
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on daily chart happenned theses touchs on on blu line and test red, back to blue an fall to red again, bellow of 50 ma line, all this after of cross of red and blue lines on 67500, . will be 67500 an resistance? or new support to touch blue line again, and now we will lateralize? or are going down? simple question to understand the previous lines limits...
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low of high
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1 april 2024 was the last cross of blue and red line, and i insert an horizontal line on 67900 price, because i think that is a important mark. >>>>
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a short look on resistance>>>
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***the first high uptrend . .
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¨67K is resistance or new suport?>>>daily>>
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By now, on closed candle of July, we have an Hangman, that could be activate when, if, lose your lowest....
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waszn an bear or bul TRAP?, bear trap executed from 58k
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after hangman, an hammer, are be building on this week, but not closed.,.... ..... and now on daily chart>>>> .. "THE BATMAN?
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i'm are thinking that the price on daily chart is going to 64k again, and the next stops to up after this is, 68, 81, 110, ..orlong consolidation with new oportunites to buy>>>>
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up to now, august's candles is close on sell volume like an hang man... >>>>
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why not for 40k after 81k?, one hour chart showing massive consolodiation on this range with large volumes....
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