#WeAreAllSatoshi #moonbix #U.S.UnemploymentNewLow #HBODocumentarySatoshiRevealed #SECAppealRipple TECHNICAL (H4)
The price action of $BTC on the H4 timeframe has successfully formed a lower high. Meanwhile, on the daily timeframe, the price action has broken out of the resistance trendline level.
If the price action successfully retests and holds above this level, we could potentially see further upward movement in $BTC's price action
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The price action of $BTC on the H4 timeframe has broken out of the neckline of its compression level, signaling a trend change on this timeframe.
With this breakout, we can expect further upward price action as the price aims to fill out the remaining candle imbalance in the higher regions.
If the momentum holds, this could drive continued bullish movement.
$BTC DAILY RANGE:
Upper Limit: $66 47199
Lower Limit: $57 625
(+-14.92% based on moving average volatility open/endpoints)
[10/7, 18:38] Khanđ: $BTC DAILY RANGE:
Upper Limit: $66 471
99
Lower Limit: $57 625
(+-14.92% based on moving average volatility open/endpoints)
â SCALP ENTRIES
(*Advanced traders only - moderate/high risk)
LONG
$58,972
SHORT
$61,807
