Bitcoin uptrend continuation is very likely
Updated
Good R/R Long swing T:
1°)
2Hours Support on Smma 200 (pink), followed by a breakout of the Smma 50 (blue)
2Hours Support on the Smma 50 (blue)
2°)
Confirmed both Smmas as supports on the 1Hour chart
=>
3°)
Confirmed local support on the 15 Mins chart, both Smmas (pink, blue)
=>
1°)
2Hours Support on Smma 200 (pink), followed by a breakout of the Smma 50 (blue)
2Hours Support on the Smma 50 (blue)
2°)
Confirmed both Smmas as supports on the 1Hour chart
=>
3°)
Confirmed local support on the 15 Mins chart, both Smmas (pink, blue)
=>
Comment
2H MA now acting like a resistance
Comment
11 days that Btc is testing the 2Hours chart Smma 50
Comment
This is just a bearish pattern in a bull trend.
It is here to shake people out before 14k.
Not excluding a both side painful shakeout, with a higher high, a lower low, and a bull trend continuation
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