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Friday #BTC update. Daily chart below. MACD and RSI still in bearish control zones. Bulls really need to show up. We are still in an ascending triangle but if we close below $9200 which hasn't happened for week, we could be looking at a macro change here.
Tuesday #BTC Update. Finally a bit of movement from #Bitcoin! Still respecting the ascending triangle. Ive adjusted my trend line. The ugly head and shoulders could still be in play on 4HR. Divergence on RSI though to note. Need $10500 close/hold.
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Friday Update on #BTC#Bitcoin. A lot of traders including myself have been expecting resolution for BTCs price action this week yet we are still in the $9000 to $9500 range of paint drying. My trend line has been broken and a death cross on the 4hr too. H&S?
#Bitcoin update. Or should I say S&P? Anyway. We need a resolution here in the coming days for #BTC to see where our next trend is. Looking like lower highs. The head and shoulder Idea I had may not play out too.
Thinking along the lines of this.
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Update on #Bitcoin. Looking for a possible head and shoulders idea on the 4H. We are now above $9300 and $9000. Also following strong Stonks action to with S&P.
Possible bullish MACD cross. Double bottom on RSI as well.
PA will tell 👀
4HR #BTC update for 15 June 2020. Bulls need to hold $9k. Should a 4 hour close below this, I'll be expecting more downside. Support @ $8900 - $8500.
Will become macro bearish if we break below $8500.
Green upper trendline also broken.