BitcoinLong
Simply Bullish
Whenever we get caught up with technical analysis there is a tendency to put too fine a point on predictions and indicators. The goal of any technical analysis comes back to finding the trend/consolidation. Within a trend the goals is finding higher/lower highs and lows. Here on a 55min chart you can see the immediate bull trend with higher highs and higher lows. The current consolidation likely flat, pullback possibly nearing completion near 21 MA. Watch for bullish continuation towards 60-65K.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.