Emerging Channel Down detected on BTCUSD – the pattern is an emerging one and has not yet broken through resistance, but the price is expected to move up over the next few hours. The price at the time the pattern was found was 57580.13 and it is expected to move to 56599.4700.
Supported by Downward sloping Moving Average
Target: 56599.47 Entry: 57580.13 Stop: 59825.44
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