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Btc seems poised to break up from descending channel.

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Target of this breakout currently in the 8.3k range however if we can then flip this yellow horizontal to solidified support as well as close the daily candle as a bullish engulfing candle, odds are good that this is just the beginning of a more sizeable rally. Must wait and see how he 1 day closes and whether or not we can flip this horizontal to solid support 1st though.
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Target hit!

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