BTCUSD Bitfinex. Dangerous time to trade
1HR and 4HR Chart
Bullish engulfing candle on the 1HR chart on the uptrend support line in red.
4HR chart shows Head and Shoulders, we need to break 15200 to confirm the bulls have it. Targets would be in the 18k+ range
MACD, STOCH, and RSI all show room for upward movement.
Otherwise BTC will test the support line again and threaten to drop to 8-9K
Bullish engulfing candle on the 1HR chart on the uptrend support line in red.
4HR chart shows Head and Shoulders, we need to break 15200 to confirm the bulls have it. Targets would be in the 18k+ range
MACD, STOCH, and RSI all show room for upward movement.
Otherwise BTC will test the support line again and threaten to drop to 8-9K
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