From our previous analysis, it started making higher lows which invalidated our analysis and now it has presented us a new oppourtunity. Either it is breaking above the consolidation area or breaking below but to take a low risk entry, its better to wait for a retest. During the restest it will have a clear bias.

P.S. BTC is very volatile so sceanrios can change rapidly.

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Candlestick AnalysisSupport and ResistanceTrend Lines

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