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Cryptocurrencies Market Update ➡️ Solid ECN
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[QUOTE="SOLIDECN, post: 213828, member: 80239"] [HEADING=1][JUSTIFY][B]BTCUSD - Monetary factors put pressure on the crypto market[/B][/JUSTIFY][/HEADING] [JUSTIFY] The trading instrument is testing the middle line of Bollinger bands around 19400, consolidation below which will give the prospect of further decline to 18750 (Murrey [0/8]), 18000 (Murrey [–1/8]), 16900 (Fibonacci extension 100). The key "bullish" level is 20312.5 (Murrey [2/8], the upper line of Bollinger bands). If it is broken upwards, the price will be able to leave the downwards channel and rise to 21093.75 (Murrey [3/8]) and 21875 (Murrey [4/8]). [img]https://i.ibb.co/jgF1GWP/btcusd.png[/img] [B]Resistance levels[/B]: 20312.5, 21093.75, 21875 | [B]Support levels[/B]: 19400, 18750, 18000, 16900[/JUSTIFY] [/QUOTE]
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