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Bitcoin near resistance level.

BITSTAMP:BTCUSD   Bitcoin
Bitcoin has been respecting the resistance level of 44500 and is just below the 200ema.

On daily chart frame,the chart pattern formed near the resistance level will help is confirmation of the movement of the price above or below the resistance levels

The bitcoin is forming a ascending triangle chart pattern on a bigger time frame.


Support levels :- 41980, 37700
Resistance levels :- 44500, 45800

Wait for the candlestick chart pattern to be formed near the zone to find the movement in bitcoin.


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