Bitcoin

#BTCUSD fractal (15)

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  • Red ray (-27°) is resistance, however can trigger further growth whenever price crosses above it.
  • Blue ray (21°) plays role of support. Breaking below it and entering red zone might lead to sharp decline.
  • Now we are monitoring if the correction will follow the fractal's one, particularly the retracement to 0.618, before continuation of the general growth.

Always zoom out to identify where the fractal specifically comes from.

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