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CryptoTraderMark10
May 7, 2020 4:35 AM

Gonna have to give the (slight) nod to the bulls here...  

Bitcoin / U.S. dollarBitstamp

Description

We're now above all major moving averages on every single time frame and consolidating above prior resistance (blue line at 9150 area) as the lower time frame oscillators reset. There are definitely bearish things going on, though, like bearish divergences and TD sequential 9s and sitting just below a major macro/higher-time-frame resistance area. Unfortunately it's one of those no-trade-zone wait-and-see situations. If we break top blue line at around 9400, then the 9800 area is the next bivouac. A break below 9150 should bring us back to lower 9ks.
Comments
VincePrince
Thanks for sharing, I see it similarly
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