Bitcoin has been on an almost 20 day consolidation (excluding the Greyscale bounce) with the 1H technicals neutral (RSI = 50.047, MACD = -22.300, ADX = 23.021) during most of this time. This is an excellent framework for short term scalping while on the long term potentially hints to a bottom formation on the HL trendline of the long term Channel Up pattern.
Additionally, the 1D MA50/100 Cross that was formed four days ago, was a bottom signal last time it was formed (June 15th). Keep a tight SL below the Channel Up and target near the top of the pattern (TP = 32,000).
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Additionally, the 1D MA50/100 Cross that was formed four days ago, was a bottom signal last time it was formed (June 15th). Keep a tight SL below the Channel Up and target near the top of the pattern (TP = 32,000).
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## Comments and likes are greatly appreciated. ##
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Over 65% accuracy on Private Signals Channel.
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Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.