Forwarded from Official VIP Group
#BTC_Update
Nothing actionable for me at all. Rejection from previous breakout point (red) and attempting to put in a HL here. Not a good enough long signal for me to take a trade though. Expecting a choppy weekend
Nothing actionable for me at all. Rejection from previous breakout point (red) and attempting to put in a HL here. Not a good enough long signal for me to take a trade though. Expecting a choppy weekend
Forwarded from Official VIP Group
#BTC (Update)
In 4h timeframe Chart, Bitcoin Bulls Still Defending the Horizontal Support Area (44k - 45.5k)
Bitcoin Making LOWER LOWS & RSI Printing HIGHER LOWS, In Simple, RSI Indicator Printing Bullish Divergence.
If Bulls Clear the Descending Trendline Resistance (45.8k-46k), Expecting Bullish Move towards the 52k.
In Worst Case, If Bitcoin lost the Horizontal Support Area then Bitcoin Might test the 38k Support Area.
In 4h timeframe Chart, Bitcoin Bulls Still Defending the Horizontal Support Area (44k - 45.5k)
Bitcoin Making LOWER LOWS & RSI Printing HIGHER LOWS, In Simple, RSI Indicator Printing Bullish Divergence.
If Bulls Clear the Descending Trendline Resistance (45.8k-46k), Expecting Bullish Move towards the 52k.
In Worst Case, If Bitcoin lost the Horizontal Support Area then Bitcoin Might test the 38k Support Area.
