I just shared an idea pointing out multiple bearish signals on the 4h timeframe... This is now being invalidated.
Bitcoin (BTCUSD) just hit a new higher high and is very slowly but surely moving higher.
A strong bounce in the form of a long lower wick/shadow shopped up on the previous candle (marked light blue) and now prices are safely trading back above EMA21 and EMA10. (The candle with the #8 on top)
We are now aiming higher.
Higher Bitcoin = Higher Altcoins = MORE MONEY EVERYWHERE.
What's your take?
Namaste.
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