Good morning. I am having a look at the 4hr chart this morning and I can see we finally made it to the cloud after days of consolidation. Now the top of the 4hr cloud is providing support to the candles. Not to mention that 50 MA (orange line) is sneaking up from below and may provide some additional support. We have a lot of support under the candles on the 4hr chart. Bolinger bands are squeezing closer together. This could mean a break out is on the horizon. Ever since we got above 9k recently it has held pretty strongly which is good news for the bulls. There is strong support at the 9k level and if we were to fall out of the consolidation pattern we are in the 200 MA below may be our best bet to provide support. Its at around 8310. Daily volume is sitting at $25,953,286,398 which is still very strong considering where we were a few weeks ago. I am cautiously optimistic about the charts. Lets see if the bulls can give us a green Friday.. But WTFDIK

https://www.tradingview.com/chart/BTCUSDT/Q8lmHgpv-Bitcoin-4hr-11-1-2019/

(Just FYI there are still a some openings for the Technical analysis course I am giving. If anyone is interested send me a message and we can discuss the details)

