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Analyzing the current trading chart on the 4H time-frame, I found that there is still symmetrical triangle chart formation in creation, which is sign that BTC is in period of contraction and that breakout should happen in next period.
Watch for the breakout to confirm further direction.
The key resistance is set at $11,400
Support is seen at the price of $10,900
Projected up target is set at $12,140
Projected down target is set at $9,800
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