BTCUSD: Still A 4HR Double Bottom at PCZ of a Bullish Butterfly
Bitcoin on the 4 Hour has printed a Double Bottom with Stopping Volume on the Second Bottom at the 1.414 PCZ of a Bullish Butterfly and at the 100 Period Simple Moving Average. I am still fishing for a Waning of the 4 Hour MACD Negative Momentum so confirm the entry and will be using the 1.618 and the 200 SMA as a line in the sand that price must hold above.
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