Prices stuck in a long term compression ?

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Ichimoku PoV :

Prices are neutral, on a mid and long term vision. Stuck in their Daily and Weekly Clouds.

As first support, we can identeify the Weekly Kijun, at $1779.
Followed by another strong support which is the Monthly Kijun at $1763.

As a resistance, the Daily Kijun and flat Daily SSB are both a high level to break to give a first bullish signal and to go back to test the top of this compression.

This long term range will be interesting to follow during 2022 !

Penafian

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