Bitcoin 4hr analysis 9/15/2020

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By Mr_Alliance in Cryptocurrency
Updated 4 years ago

(The red and green arrows are the Aurox Indicator and they recommend a buy or a sell. Red indicates where you should sell and green indicates a buy zone. Pretty simple indicator but rather effective if I do say so myself.)Good morning ladies and gentlemen and welcome back to my daily outlook into the world of Bitcoin. Today I have the 4hr time frame pulled up and I see that some of the cloud cover has subsided. I would not celebrate just yet, but I am certainly liking what I am seeing short term. Bullish signals are stacking up and confidence is seemingly on the rise. But can the bulls keep this momentum up? Lets take a look at the chart.The 4hr cloud is now below us. That is a good thing to wake up to. Being above the cloud is considered bullish in nature. Being below the cloud is bearish and when you are inside the cloud its a mix, which causes sideways movement (consolidation) The 4hr cloud is now below us, but that does not mean we are quite out of the woods yet. We still need to b

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