Today’s BTC/USD Signals
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The best method to identify a classic “price action reversal” is for an hourly candle to close, such as a pin bar, a doji, an outside or even just an engulfing candle with a higher close. You can exploit these levels or zones by watching the price action that occurs at the given levels.
BTC/USD Analysis
The recent weakness in this pair has supported the return of the sell-off and the price retreated to $6200 level before stabilizing around $6350 with a market value of $109 billion. Movements remain in a narrow range that lacks a clear vision, but it seems the pair more likely to decline and test lower support levels.
Regarding the USD, here will be the release of the Building Permits data.
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