BTC review dated 16.11.2022
16.11.2022
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1 min
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BTC (4H)
Bitcoin is attempting to consolidate above the broken local downtrend. Also on the chart, the “double bottom” pattern can be seen. In case of a successful breakout from the local downtrend, BTC opens the possibility of growth to the resistance of around $18 500.
The material is not an investment recommendation and is published for information purposes only. Remember: technical analysis does not guarantee successful trading, as it is based on historical data only.
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