The asset has reached a key resistance level on the weekly timeframe, from which we are now seeing a pullback reaction. I will be expecting the correction to continue down to the nearest support level
if we break out upward from the local range, I'll expect a reaction from 75.5–77 to continue toward 70k
But there's no breakout yet, so they might just chop us around and dump straight down without even reaching that zone $BTC
Hanii_imtiaz
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✏️ Volatility on pause
Passive consolidation has begun in the current local range.
No major changes yet selling is still the dominant force, most of the news is negative, and we're not seeing any signs of buybacks. So the priority remains to expect a further price move to $71,000 from this consolidation$BTC {future}(BTCUSDT) $BNB {future}(BNBUSDT) $DASH {future}(DASHUSDT)
Passive consolidation has begun in the current local range.
No major changes yet selling is still the dominant force, most of the news is negative, and we're not seeing any signs of buybacks. So the priority remains to expect a further price move to $71,000 from this consolidation$BTC $BNB $DASH
Accumulate some $CELR for the mid term. It is moving inside a descending channel on the 3-day timeframe chart. In case of a breakout above the channel resistance, the potential upside targets are:
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