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10/06/2021

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10/06/2021

BTC/USDT
4h
From yesterday's nice run we ended up above the big triangle shape.
Currently we are at a crossroad again.
Either we will test the 33K downwards or we jump to 42K.
If we consider the Wickoff Model, then our direction points down to create a higher low which will get us on track for a decent rising path.
Now the question is how the market decides, do we need a backtest?
We probably will find out today!

#κρυπτονομίσματα

09/06/2021

BTC/USDT

4h

Today BTC increased in a healthy way.
The weekly Pivot has stopped due to the 15% increase.

In a short term, it's very likely that there will be backtesting, but the fundamental news is still bullish. After the weekly pivot point, the falling trend line will be the authoritative resistance, after that the monthly Pivot point.
The momentum indicators show an upward trend, but they are more likely neutral than bullish.

This fortifies my expectations regarding the backtest.

07/06/2021

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