BTCUSDT : LTF update!!
2024-10-22

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Let's analyse BTCUSDT on lower time frame:

As expected, BTCUSDT is currently trading within a defined channel. Buying activity has been observed in the orange region, suggesting potential upward momentum. A rebound from this region is likely, especially considering its proximity to the middle line of the channel. If the price breaks below the middle line, further downside could lead to a decline towards $65,500.

Key Levels:
Resistance: $69,000
Support: $66,800
Lower Support: $65,500

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