BTC 6 hour
Updated
Huh, We actually look to be setting ourselves up fro a potentially very powerful move! I see bullish Divergence in 6 hour charts, CCI is moving into position to express another wave up, and this is actually starting to look more like the fractal from $6-9K, not $6-12k. Additionally, I'm seeing some REALLY strong buying pressure in the face of ever more shorts cropping up. Almost starting to look like the short machine is a primary indicator to a move up these days! haha. I think it's possible this continues to be more bullish than I had though yet as bullish as I'd hoped.
Getting around from a long Friday night of a well deserved break last night haha. Glad to be up and charting again now. Things could get interesting fast!
Getting around from a long Friday night of a well deserved break last night haha. Glad to be up and charting again now. Things could get interesting fast!
Note
I'm taking special note to the uptrending RSI into bullish territory in 6 hour. This is following the same trend style I displayed lower in the dip when I was suggesting reversal indications in 30 minute charts and how this suggested a strong move up. Seeing this now in 6 hour is pretty powerful stuff!Note
I'd like to see a nice bullish cross in MACD to go along with these other indicators to really get excited and kick it into high gear
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