Ah well that nice green candle we just made got BTC TO 7.5K and helped alot! I see a couple of scenarios playing out now we are either still in that ascending triangle I have drawn or the upward pointing wedge. So we could make 8k with the ascending triangle and looks to be close to 7.8 with the wedge before a correction plus we are close to the weekend (low volume?). Also gotta keep an eye on that Aroon oscillator an make sure we don't go over +100 which I have it shown on the 4 hour chart here. An as you can see when we hit +100 we came tumbling down... something to watch...
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Small ascending triangle... maybe we will see some action soon!
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Ah well guess we hung around too long there... shouldn’t go farther than 7400
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Well unless we can break up out of this upwards pointing wedge we may just start falling back after 7.8k. That quick spike up to 7.7k earlier today looks to have stopped right at the line... Anyways we have a day or so of this to see what happens... just something to look out for I guess...