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BTC weekly support zone is still valid and that is good sign

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As we can see price is still above trendline support and this is a good sign for at least more range here or even pump if the daily chart breaks some important resistance mentioned in the previous analyses.

The strong support zone ahead now is 37K--40K and only if this support zone break price can fall more and hit targets like 29K or 20K.

the importance of support zone is also mentioned on the chart and targets for the bullish market is 55K---60K---71K---80K---93K.

Targets for a bullish market scenario are also local resistances too(so we can expect a correction from these targets too).

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FibonacciSupport and ResistanceTrend Lines

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FibonacciSupport and ResistanceTrend Lines
MMBTtrader
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My telegram channel: t.me/mmbtchannel
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Crypto +390% & Forex:+600Pips monthly.
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更多:

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这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。