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Altsignals Academy
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BTCUSD 4H
Short Squeeze into $11.000 and price back up! that's why update stop loss is always important!
Support Key Level: $11.423
Resistance Key Level: $11.625
After that levels we can expect high volatile markets or if we sustain, bounce 😜
Bearish XBTUSD case
ATM for the short term everything looks ready for the $10.480 Only closing next 2 candles above 11450 in the 4H chart we can think about the bullish panorama.
Quite Price Action atm.
Large update incoming tomorrow, for now, keep the eyes on a huge bearish move if we can't close above the levels of 11.450.
Importance of TA
XBTUSD 4H chart
Hey Altsignals members
Fast update to complements our last update.
After our 11450 target we get back to the past level, so that was just a bear trap and re-test of the 0.236 Fibonacci (Totally expected)
Now on the 4H chart things looks quite bullish again. Hidden bullish RSI divergence and strong bullish indicators as macd, ishi, tenkan and also volume.
Another test into the fibonacci level can happen, so, build the long position carefully using 11325 as invalidation level to flip to short!
Happy trading fellas! -sensei
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