BTC: 4 hourly Outlook

in #steemit6 years ago

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#BTC/USD #bitcoin US Snapshot:

Outlook: Neutral-Bull bias

BTC closed abv 12EMA (4hr chart)& descending resistance after repeated rejections- hinting at short term trend change

Break abv previous high $7153.6 will add credence to trend change

Resistances = 200 EMA & 0.382 Fib


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I agree with the author, @abyzee!

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