Mehrad (mrmehrad99)

(Trend line strategy) 📍Break and Retest: After the price breaks the trend line, it returns to it and then continues to move in the direction of the trend. 📍Support and resistance levels: Prices tend to stop or reverse at these levels. 📍Entry and exit points: Trend lines can show the right points to enter

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(Ichimoku analysis) 📍Kijun Sen line: 26-day average of price 📍Tenkan Sen line: 9-day average of price 📍cloud line: This cloud consists of two lines called Senkou Span A and Senkou Span B. These lines represent potential support and resistance ranges. 📍signals: The intersection of Kijun Sen and Tenkan Sen.

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(Classic patterns strategy) 📍Price action generally follows a repeating pattern 📍Reversal patterns are seen at the end of the trend and when the market is about to change direction 📍Continuation patterns indicate that prices are continuing their current trend. ⬇️

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#BTC going perfectly as planned for this week, its going bullish now. Price tapped into the next key resistance, around $70,000 and $71,000. Currently, price facing a bit for sell pressure and pullback is expected. Structure is bullish, so anyway we're heading towards the ATH.

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