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BTCUSD analysis

26.02.2021

Market Review

BTCUSD
The overall trend is upward. The descending pattern is truncated. A bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator i signals oversold conditions.
BTCUSD rate online: monitor the price movement in real time.

Trading idea:
Buy when an ascending wave pattern is formed, where the wave (A) breaks through the inclined channel of the descending truncated pattern.
Stop Loss under the local minimum.
The target is 57,500.

Author: GC
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