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✅BTCUSD's Situation: What Shall we Expect ?The BTCUSD is in a Bullish phase by reaching a PRZ zone. 🌟 Bullish signals in the PRZ area are: - Support zone - Pivot S1 weekly - The Bottom of the channel area ❗ and the Upward signals of market momentum are: - Divergence in MACD - The Bottom of the Bollinger band ⭐ Note if the PRZ is broken downwards with the strength of Bearish candles, this analysis of ours will be failed. ✅If this post was useful for you, like it ❤️ and if you think it is useful for your friends, be sure to send it to them. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 🌍Thank you for seeing idea . Have a nice day and Good luck.
COINBASE:BTCUSDLong
by CobraVanguard
13
The COBRA 4 hour indicates slightly bearish Bias.We are trading in a narrow range, not much to expect here yet. Observations and NEWS: Volume is at an all time low, as I see some indications of consolidation. I have noticed on GDAX/Coinbase, some heavy buys on bitcoin, during attempted dumps over the last couple of days. The Tether situation seems to have normalized, however we are seeing it around 97 cents. There has been a significant amount of tether removed from circulation recently. Keep in mind, that Tether has less impact (especially on non tether exchanges) then the community tends to believe in my opinion. Ether seems to be weaker then bitcoin in regards to bullish moves. The 4 hour indicates we will continue to pullback in the near future. We are currently bouncing slightly but I am tar-getting 6350 on bitmex. I warned of a release of the RUBY COBRA yesterday after we topped out at 6450s based on STOCH on the 4 hour indicated overbought, plus a high number of long dominance on bitmex was observed during this period. RSI isn't supporting a breakout YET, so I didn't feel it is time to long at this stage. RUBY COBRA is still in the house until we hit 6350's. Once target is hit, (could be a couple of days after the stablecoin phase or sooner) 4 hour stoch will be below 30 and we bounce up a little from there, however I expect to remain in a tight range as the Daily Triangle continues to tighten as we travel right. RSI is in the middle therefore I don't expect a major break of daily triangle just yet in either direction. I recommend watching alts market caps for now.
BITFINEX:BTCUSDShort
by The_Cobra