đ» $BTC broke 3 higher lows in one candle, now boxed at $83K
âą Higher lows: $83.9K (Oct 2), $85.0K (Oct 5), $85.1K (Oct 6)
âą Oct 7 break: since then a $82.8K-83.8K box, now $83.2K
âą 20 & 50 EMA stacked at ~$84.5-84.6K = first ceiling
âą 4H RSI 32: near oversold, no bullish divergence yet
đŻ My take: 4H close over $83.8K targets $84.6K; under $82.5K opens the 200 EMA (~$81.6K)
đŹ Box breaks up or down first? đ
#Bitcoin #BTC #TechnicalAnalysis
âą Higher lows: $83.9K (Oct 2), $85.0K (Oct 5), $85.1K (Oct 6)
âą Oct 7 break: since then a $82.8K-83.8K box, now $83.2K
âą 20 & 50 EMA stacked at ~$84.5-84.6K = first ceiling
âą 4H RSI 32: near oversold, no bullish divergence yet
đŻ My take: 4H close over $83.8K targets $84.6K; under $82.5K opens the 200 EMA (~$81.6K)
đŹ Box breaks up or down first? đ
#Bitcoin #BTC #TechnicalAnalysis