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14.03.2023 07:37 AM
BTCUSD, D1 | Major Bearish Reversal

Price is now testing a major resistance level at 1674 which is a multi-swing high resistance. A reversal from here could push prices down to 1357 which is an overlap support and a 61.8% Fibonacci retracement.

In terms of stop loss, we're looking at 1810 which is a recent swing high resistance. Stochastic is also close to a major resistance level too.

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