TheChartGuys

BTC Looking for 4 Hour Equilibrium

COINBASE:BTCUSD   ביטקוין
So far only an initial reaction to Binance getting hacked for $40 Million.
Bulls did not even lose the 4 hour uptrend on the bearish reaction.
This speaks considerable amounts as to the resilient strength of the bulls in this market.
We are looking for a 4 hour lower high to be set on this bounce, and for a tightening range to form most of the day.
A bear break would likely put the daily uptrend at risk as well.
A bull break would have us looking back to $6,000.
At this point we are still scouting for the 4 hour lower high to be set, which is not convincing..

Checkout our full trading resources online www.chartguys.com

Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.