BTCUSD ❕ bitcoin held a key level
The recent drop below the zone happened on declining trading volumes.
Price is above the 100MA (1H TF)
50MA has broken up 200MA (30m TF)
RSI and price have formed a bullish divergence (4H TF)
Bitcoin is back in the liquidity zone.
I expect that if BTC fixes above the lower boundary of the liquidity zone, the price may continue to bounce.
Price is above the 100MA (1H TF)
50MA has broken up 200MA (30m TF)
RSI and price have formed a bullish divergence (4H TF)
Bitcoin is back in the liquidity zone.
I expect that if BTC fixes above the lower boundary of the liquidity zone, the price may continue to bounce.
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Penafian
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