megadeth

BTC - looking bullish - Important horizontals

Long
BITSTAMP:BTCUSD   Bitcoin
May 2020

We’re nearing the end of the daily candle for May 29th. Also closing the monthly candle.

Bitcoin has been in a range. 8500 - 9500.

Daily candle, looking purely at horizontals. If we’re in an uptrend, "they" would want to close above last daily candle. Possibly 10k.

Weekly timeframe. Since the dip to $4k, we saw 7 green weekly candles. One sorta Doji like candle. This is bullish.

On longer time frames, it's like chess.

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