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BTCUSD Weekly Chart

BITSTAMP:BTCUSD   Bitcoin
On the support area of the long-term channel trend line and the static support area of $18,000-20,000.
By observing the return signal candle (it can be a bullish engulfing in the weekly time frame), the probability of a trend change in the daily and 4-hour time frames increases.
Also, trend changes in 1-hour and 4-hour time frames can be signs of the beginning of an upward movement in daily and weekly time frames.
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