BTC next 24h with Div 12/1
Updated
Accumulation phase in white box between 55500 and 59750.
Price is trying to break out orange slopped trendline and 58k white level.
On 2h the current move up is supported by volume in the previous 3 higher volume bars.
1h strong support by 200EMA, breakout above 58k level supported by volume and going toward top of the accumulation zone at around 60k.
at 9:30am last red candle is about to test 58k from above.
Looks very bullish, to late to buy into strength, but on the retest of 58k
Price is trying to break out orange slopped trendline and 58k white level.
On 2h the current move up is supported by volume in the previous 3 higher volume bars.
1h strong support by 200EMA, breakout above 58k level supported by volume and going toward top of the accumulation zone at around 60k.
at 9:30am last red candle is about to test 58k from above.
Looks very bullish, to late to buy into strength, but on the retest of 58k
Note
Should have waited for confirmation after red candle anomaly. Because it didn't look bullish. Big red candle prior engulfed four previous green candles and created a wick on the upside. Indicating strength of bears.At the right end of TP box there is anomaly and a place to close this trade.
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