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BITCOIN January, 27 2020
Overview:
The pair is trading below a strong resistance level represented in the declining trend line, which enhances the chances of falling during today's trading
Expected:
Continuing trading below the falling trend line level enhances the chances of falling during today's trading, reaching the pair to 7490
Alternative Scenario:
On the other hand, we see that if the aforementioned resistance levels are broken up, the pair could be pushed up to 9500
| Resistance | 9176.00 | 9300.00 | 9500.00 |
| Support | 7490.00 | 7400.00 | 7300.00 |
Disclosure of risk: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.
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