BITCOIN - tri star weekly again ?
On 4hr chart, did higher lows testing the resistance again, let see if it can do a higher highs and test the previous triangle bottom, now resistance. May test and pullback to channel bottom. Maybe can close of the week candle somewhere near the open to form tri star pattern which maybe a possible reversal but the previous look like tri star pattern bring btc from 6400 to the low 3000. What will it do this time ?
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Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio :130
Total marketcap :114
Dominance :53.4
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :
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Published by OnePercentBetter
on
Would be nice to see the blue moving average cross the line of the green moving average making a bull cross, but I don't think it will make much of a difference until we're able to get out of this downtrend we've been on since last year.
probably still one more leg below 3k
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