BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
See chart. No description needed.
Comment: I'd like to note, if the trend channel is more like this, then we could also still see $6k or $5,800 having not actually broken out yet. In this event, we might see actual daily bullish divergence in RSI like we saw in April and another week or so of sideways trading before heading up. I still see no clear entry so Im sidelining it until the charts give a more clear indication. Either way, I feel we're pretty close to a nice relief rally at worst.

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long on for now :)
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Techmology majorlee
@majorlee, Yeah either super low leverage like 10x or under or watch for more clear indication. Each time we broke that trend before, we had a pull back of a few hundred $ before the rocket up so margin trade carefully!
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Techmology majorlee
@majorlee, I mean, that's what I'm doing anyway. People can do whatever they like
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Techmology majorlee
@majorlee, There is also what looks like bearish divergence up to 2 hour between the two recent highs so a pull back to $6,600 zone before a move up would not surprise me at all.
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