AzzAChang

Consolidation??

COINBASE:BTCUSD   Bitcoin
4 hour double top, declining bull volume, RSI cooling off, will we finally see daily consolidation? As my guru, @thechartingguys Charting Man Dan has said, a strong pullback level would be 7000, but anything above 6800 would still be nice. With 4 hourly support levels starting to form, bulls are building a nice foundation for even more upside. If we receive an ETF, sky's the limit!! Trades can be made at bounces from support levels 7229, psychological 7000, 6800, and 6663 (wait for confirmation of bounce before taking a trade). Also watch EMA's 12 & 26 to act as support, as well as possible entry targets.
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