BTC After backtesting around 40,500 yesterday, it then reversed but failed to break above the 43,500 pressure level and is now trading in a wide range around 40,500-43,500
Due to the failure to break up once, there is a high probability that the follow-up will change from a wide range to a narrow range 📍 If you backtest again, you can first see the position of the bottom line at 42,000, close to this price and try to open long 📍 If it pulls back to around the lower edge of the wide range around 40,500, it may break directly down to 38,000
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[📈1219 BTC Market Analysis 📈]
BTC After backtesting around 40,500 yesterday, it then reversed but failed to break above the 43,500 pressure level and is now trading in a wide range around 40,500-43,500
Due to the failure to break up once, there is a high probability that the follow-up will change from a wide range to a narrow range
📍 If you backtest again, you can first see the position of the bottom line at 42,000, close to this price and try to open long
📍 If it pulls back to around the lower edge of the wide range around 40,500, it may break directly down to 38,000
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