Btc was rejected at the 55 ema and the bottom of the descending channel it fell out of. We had a bullish engulfing candle form on the daily so may be worth considering longing as we near our 8500ish support
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Smash the like button for me guys. I almost have enough reputation :)Note
BTC now in a descending channel with lots of buy pressure around 8600-8625
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The 200 ma was clearly supporting price on the 30 min. This was a nice little scalp. I'm still looking for price to fall back down to the 8650 area :)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.