Owl

Btc looks to be narrowing range over weekend

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Btc is entering a narrow range of pattern in a weekend, breakout/down from here is worth trading.

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Bitcoin Is About To Breakout And Explode Higher $20k TARGET
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Owl CryptoCheck-
@CryptoCheck-, Thank you for sharing, good video^^
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good idea
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Thanks for sharing!
I’m bearish for the short-term, daily RSI at key resistance, 4hr RSI is forming a bearish divergence, 1hr RSI entering bearish trend. The 5 Elliot wave to the upside is finishing. I think regardless of a bearish or bullish bias for the mid-term, a downward pressure is due soon.
What do you think of the setup below?
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Owl Phi-Deltalytics
@Phi-Deltalytics, Pretty good, I also reckon that around 9600-700 there is good short volume. Need to be careful if it is broken though
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@Owl, how high do you think we could go if 9.6/9.7k's broken?
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Owl Phi-Deltalytics
@Phi-Deltalytics, 10k approx, that's the next resistance. But if that is broken we might have a significant rally (I doubt that but nothing is certain in markets).
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@Owl, I totally agree. If 9.9k's broken, we would likely be traveling in a flat, which indicates a strong upward move ahead.
Check out our wave count.
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Owl Phi-Deltalytics
@Phi-Deltalytics, Thank you for sharing ^^
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