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- BTC/USD is consolidating around $235 and $230 for the past two trading session. Overall trend is neutral and any trend reversal can happen only above $244 (trend line joining $269.90 and $258.80.
- On the downside minor support is around $220 and any break below will drag the pair further down till $213.80/206 in short term.
Indicators (4 hours chart)
Woodies CCI (14) - Neutral
CCI (50) - Buy
Ichimoku- Neutral
Strategy: stand aside.
