BTC rose again to test the 52k resistance once more and for those waiting for a greater long confirmation can watch if BTC can engulf and close above the daily high of 52219.95.
This would confirm the first retracement of the 51k support line and signify a much stronger buy signal (for those that still need one).
This would confirm the first retracement of the 51k support line and signify a much stronger buy signal (for those that still need one).
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Please make sure to check previous post linked for context!
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The 4 hour candle would provide a much better closing target. Sorry about using the 1 hour chart! 2 Hours left until 4 hour candle closes.
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Confirmed!
