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BTC/USD Analysis, Chart, and Trading Idea

25.04.2023

Market Review

Analytics for BTC/USD Forex pair, based on complex analysis of modified waves, Fibonacci levels and price channels
 



The downside wave structures are truncated. There is a bullish divergence on the Awesome Oscillator. The breach of the level (27597.0) will start the formation of the uptrend wave structure.
 


Trading idea:

Buy at the breach of 27597,0

Stop-Loss: 26921.0

Target price levels: 28294.0, 30.380

Author: GC
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