BTC in unknown territory right now, but strong SMA indication it is moving lower. Correlates with building a massive head and shoulders.
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BTC bull trap appears to be almost over. Movement retraced back to the 50% fib and the daily pivot lvl and is now showing RSI weakness. Expecting BTC to continue moving lower to the next checkpoint.
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One last little hurdle before I start looking for longs:
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4H Head and Shoulders formation on resistance:
