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πBTC is consolidating in a range, weekend is here so we can expect the consolidation phase till Mondayβs opening. BTC closed its daily candle RED at $16,598.π΄
πLooking at the 4-hour timeframe, Volume is low and decreasing. RSI is at 53 and STOCH RSI is below the 75 range. RSI and STOCH RSI suggest that the BTC may test $16,300 support. However, there is 20 EMA support around 16,400.π
πBTC is consolidating in a range, weekend is here so we can expect the consolidation phase till Mondayβs opening. BTC closed its daily candle RED at $16,598.π΄
πLooking at the 4-hour timeframe, Volume is low and decreasing. RSI is at 53 and STOCH RSI is below the 75 range. RSI and STOCH RSI suggest that the BTC may test $16,300 support. However, there is 20 EMA support around 16,400.π
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