MMBTtrader

BTCUSD we can expect pump only after valid retest

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BITSTAMP:BTCUSD   Bitcoin
As we can see price broke channel resistance here and started a local pump after that then the price started a correction and now it is near the channel once again, if the price completes the retest of a breakout here we can expect more rise.

also, there is a strong support near 44K that is mentioned on the chart too and that is the last support zone before 40K support and it is a strong and important zone that we can expect a rise from that zone too.

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