BTCUSD - Further Decline Will Come When Channel Confirmed.

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Hello Traders, let's have a look on BTCUSDs locally timeframe , before you consider this analysis as reasonable click like and follow to support more market insights
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Timeframe: 1-Hour
Structure: Breakdown of Descending Channel
Trend: Down after Pull-Back
Position: Possible Short when confirmed
Support: 61.8 % Retracement Level
Resistance: 23.6 % Extension Level
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Information provided is only educational and should not used to be for market purposes.
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