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30.07.2021 02:16 PM
BTC analysis for July 30,.2021 - Breakout of the contraction and potential for drop towards $36.000

Technical analysis:

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BTC has been trading downwards today and there is the breakout mode active.

Trading recommendation:

Watch for the selling opportunities on the rallies due to the breakout of the contraction (symmetrical triangle) in the background.

Stochastic is showing negative reading and fresh new supply...

Key resistance is set at $41,000

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