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As per Chart the price broke NeckLine of Inverse Head and Shoulder Pattern and the $7,400 is the neck line and our key support level, We will see if there's a pullback key level or any fake breakout so that we can open long. 1st target would be $7.7k and 2nd target $8k above.
A friendly reminder: Always do your own research
Remember TECHNICAL ANALYSIS is all about probabilities and based on previous market performance(not all about certainty)
Disclaimer: This is for educational purposes,it is not intended as a financial advice.
The analyst won't be responsible for a loss of fund. The trader must be able to manage risk.
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