We are kissing the ema at this moment, the RSI is signalizing a possible buying wave soon.
BTCUSD should not fall below 3.777$ (min fibo 38,2)- this could initiate a selling wave down to 3.000$ (max fibo)
Trading above 4.450 should initiate the next buying wave up to TP1= 4.995 & TP2= 5.600$
BTCUSD should not fall below 3.777$ (min fibo 38,2)- this could initiate a selling wave down to 3.000$ (max fibo)
Trading above 4.450 should initiate the next buying wave up to TP1= 4.995 & TP2= 5.600$
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we r reentering the uptrend right now...
trading above 4460 should accelerate the upswing and turn the chart bullish again
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rsi made a buying signal
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the daily formed a nice buying candle
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ideally btc should not fall below 4315
for running shortterm Longs a sl-adjustment up to 4310/15 could be an idea
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a downtrend?
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unchanged view
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yes!!!!!! rsi is in the buying area now
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touched normal correction fibo
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we have seen the exspected selling wave dfown to 3000$... n1
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at the max fibo the buyers waited, as so often :-) btc tends to retrace fully
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