BTC - 4 Hour - Being Squeezed, Breakout Soon?

29 thg 9, 2020

Hello friends, We can go either way so hang on for the ride. We considered the fake-out, but I didn't expect to get caught up between resistance lines and support. But anyway, we are here, Now, I am leaning Bullish even though we still have resistance with the 200 MA and the 20 MA. I'm thinking with Support at the 100 MA and with our now support trend line , I am calling Bulls here.

SHORT TERM: Bullish Neutral
MID TERM: Bullish
LONG TERM: Bullish

I am not an investment adviser.

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30 thg 9, 2020

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If you believe the S&P has something to do with Bitcoin then this may be another Charts you should be keeping an eye on. Please keep in mind, I use many different indicators to come up with my calls, then simplify my Charts. I do not use the crystal ball nonsense, although it may look like it at times, I use different indicators, compare their results, then put it down in line form. Although I feel fundamentals are not as important to scalpers as it is for for long term investors, Charts give both players a sense of direction and even a different prospective on their trade.

What's your thoughts?

1 thg 10, 2020

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Update, showing the Heikin Ashi indicators and how it can be used to confirm calls.