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Today’s report will include:

• Updated Technical Analysis

• Other key market developments

• Market Psychology

• Trading Tools

CHILLGUYTUSDT Long Trade 📈 

In Today’s analysis -CHILLGUYUSDT- Trading outside of this current channel, a reclaim will confirm a deviation, entry trigger yet to be given.

Points to consider ✍️ 

• Point of Control Resistance

• Channel Low S/R Support

• .618 Fibonacci Support

• Range High Target

• pSFP Entry Model

CHILLGUYUSDT deviation has not been confirmed, taking the last low out will generate liquidity for a break back within the channel = this will confirm a Failed Auction.

The .618 Fibonacci is trading below the last low, a quick test of this region with a wick close will signify the presence of strength.

Overall, from Bitcoin Insider’s perspective, CHILLGUYUSDT is a valid long with defined risk, price action it to be used upon discretion/ management in accordance with the pSFP Entry Model. ✍️ 

Hope this analysis helps.

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