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#BTC/USDT ANALYSIS
BTC bounced from the local support after a successful retest but got rejected after hunting stops above horizontal resistance and MA 200.
It has also formed a cup and handle pattern, which is technically a bullish pattern. Currently, the price is consolidating in a shape of a handle.
A solid breakout of the horizontal resistance would be a bullish continuation sign in it, and the invalidation of the handle is a breakdown of the local support with a retest below it.
So looking out my chat below
1day timeframe BTC/USDT
I think on a short timeframe #BTC might go up but in few days #BTC will fall rapidly and my target is 13k or 12k so long term investor just exercise patient and wait for the fall.
#DO YOUR OWN ANALYSIS very important before you invest.
Hello @armstrongdiho your content is found to contain 83% of plagiarism
And you seem to copy from the below 👇
https://www.tradingview.com/chart/BTCUSDT/08nHii9Z-BTC-USDT-4HOUR-UPDATE
https://www.tradingview.com/chart/BTCUSDT/08nHii9Z-BTC-USDT-4HOUR-UPDATE
This is neither acceptable in our community nor Steemit.
CC:
@steemcurator01
@fredquantum
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Hello @goodybest I think you should check the post very well I source the content so pls learn to check the content before you report.
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Thank you for the discovery @goodybest.
The labeling would however send a strong warning to such lazy acts in the community.
Cc: @xkool24, @fredquantum, @ngoenyi
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It's my pleasure 🤗
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