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After we saw some nice trend reversal yesterday with the EQ break of BTC & inverted H&S on ETH, grandpa is right now trying to build a Higher Low on the Hourly & 4H. We had actually the hourly EMA's as support, but BTC rejected from 4H EMAs -yet again. => So please watch out for those.
If we fail with the Higher Low attempt, we will be looking at the lows of yesterday, but potentially lower, since RSI has now cooled down enough on most timeframes.
If you find my analysis helpful, please like & subscribe, I will be doing those daily from now on! ;)
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
I'm currently a member of the ChartGuys community.
After we saw some nice trend reversal yesterday with the EQ break of BTC & inverted H&S on ETH, grandpa is right now trying to build a Higher Low on the Hourly & 4H. We had actually the hourly EMA's as support, but BTC rejected from 4H EMAs -yet again. => So please watch out for those.
If we fail with the Higher Low attempt, we will be looking at the lows of yesterday, but potentially lower, since RSI has now cooled down enough on most timeframes.
If you find my analysis helpful, please like & subscribe, I will be doing those daily from now on! ;)
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
I'm currently a member of the ChartGuys community.