The Cryptic Oracle
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.
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