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BTC/USD Trading Analysis (13/06/2024)

The coin is trading near the lower level of the flat (on the H4 timeframe). The downward truncated wave structure ended with the breach of the descending channel. There is a bullish divergence on the Awesome Oscillator. The entry point at the pullback B and truncated C is forming.

BTC/USD price chart

Trading idea:

Buy at the breach of 67698.0

Stop-Loss at 66940.0.

Target price levels at 68830.0 and 70000.0.

#btcusd #crypto #forextrading #tradersroom #daytradingpatterns #forexexpertadvisor

Author: GC
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