2023-05-02 12:58:50
#BTC/USDT ANALYSIS
BTC is moving toward the order block and the ascending trendline support after being rejected from the trendline resistance.
A bounce is expected from the order block, while a more solid confirmation of the next move is the breakout or breakdown of the marked trendlines.
In case of a sustained breakdown of the ascending trendline, a further downward movement is expected toward the horizontal support, where MA 200 is also acting as support.
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