Bitcoin is holding above the 200 moving average so far on the daily chart making a 3rd bounce on it over the week and holding just below its average trend line from last june. Fresh new chart view with Super guppy, LogCCI, VMC Cipher B divergence
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Fib time zones set up beginning of the year, recent fib high april 13th to june 3rd low closing in on 3 month downtrend, CCI entering lower ranges along with Cipher B getting close to printing reversal buy signal.
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Zoomed in on the hourly bullish engulfing candle and indicators turning towards the upside
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Stochastic RSI close to reset along with leading indicator CCI on daily chart
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Most likely another retest at the 200 is in order, key fib day for reversal on the 13 to 21st
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Right on schedule a beautiful bounce on the 200 as displayed on the daily chart
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Hit resistance on the 13th with a local peak right @ trendline until it breaks through and flips above it more sideways action is expected