BTC intraday's look to be positioning to assist in the recovery of Bitcoin to the old psychological level of $5000.00 USD..
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Daily - Daily price action has a very obvious head and shoulder pattern. Very clear and I would think price moves higher just off this chart and pattern formation alone.
4 Hour - The 4hour chart has an ascending triangle with three touches of the 4 Hour price action.
1 Hour - We have a level acting as an S/R level with price currently above this level. A wedge formation broke out to the upside and produced a higher High and we are now waiting for a Higher Low to form before continuing the journey back to $5000.00 USD.
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Daily - Daily price action has a very obvious head and shoulder pattern. Very clear and I would think price moves higher just off this chart and pattern formation alone.
4 Hour - The 4hour chart has an ascending triangle with three touches of the 4 Hour price action.
1 Hour - We have a level acting as an S/R level with price currently above this level. A wedge formation broke out to the upside and produced a higher High and we are now waiting for a Higher Low to form before continuing the journey back to $5000.00 USD.