UnknownUnicorn4304403

Bitcoin 1hr chart 9/20/2019 P.M.

BINANCE:BTCUSDT   Bitcoin / TetherUS
Taking a look at the hourly chart tonight. We have been moving right along stuck between 2 MA's . The 50 MA (orange line) and the 200 MA (blue line) are acting as support and resistance for the candles at this point. Eventually the 50 MA will start to migrate closer to the 200 MA and one or the other will give and the candles will break through one of the MA's. The candles are also getting closer to intersecting with the ichimoku cloud on the chart. It can climb the cloud at the outside of the cloud provides support sometimes. If we enter the cloud we can see more sideways movement. We cant really go sideways much longer without breaking out of the bigger triangle we have been watching for ages. If we can get above the MA's we still have to worry about the .382 fib. It acted as support for ages and now its acting as some pretty tough resistance. We dipped to 9650 recently. You can see the giant wick multiple candles back. It shows you that there is a lot of buyers sub 10k. The price rebounded quickly. Almost immediately after that we shot up through both MA's on this chart and got rejected by that .382 fib. We are now trading at 10175. Daily volume today was at $14,689,286,542. Bitcoin dominance took a hit recently when alts decided to get out of bed for a change but it still sits at a comfortable 69.87%. The weekend is here and daily volume seems to be declining so Im not expecting much this weekend. But WTFDIK?
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