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20.01.2022 05:33 PMTechnical analysis:
BTC has been trading upside in lasts few hours and I see potential for further rally.
Trading recommendation:
Due to impulsive momentum and the breakout to the upside, I see potential for the rally towards $44,000.
Watch for buying opportunities on the pullbacks with the upside objective at $44,000.
Stochastic is showing upside reading with no evidence for the reversal
MACD is showing upside reading with evidence for the reversal
Support level is set at $42,000
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