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Weekly
Looking at our trend timeframe we see price has found resistance at 80 satoshis, stochastic rsi showing momentum was in favor of bulls. Waiting for our weekly candle to close to confirm our lower high, expecting a lower low near 20 satoshis.
Daily
Shifting over to our pattern timeframe we see price making its way towards our dynamic and horizontal support at 50 satoshis. Stochastic RSI showing momentum in favor of bears with no signs of reversal. A daily close above 60 and expect a push towards 75, however a daily close below 50 and expect a sell off towards 35.
Conclusion
- Buy: After Daily Close Above 60
- Sell: Nooo
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Disclaimer: I am not a financial advisor nor am I giving financial advice. I am sharing my biased opinion based off speculation. You should not take my opinion as financial advice. You should always do your research before making any investment. You should also understand the risks of investing. This is all speculative based investing.
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