BTC 1H-4H analysis

מעודכן
BTC losing steam on 1H and 4H. Short term looking like a short.

תמונת-בזק

Looking for support between ~56470 and ~55300, 0.618 and 0.5 Fibonacci ratios and above previous red resistance trendline and above support green trendline.

תמונת-בזק

Looking at the 1H volume spike we can see where the top was.

Volume is now increasing on the way down. Remember that this is the weekend.

I'm expecting a few bounce here and there. Not a very good place to take a low risk short right now.

Hitting support box and forming some bullish divergence on the 1H and/or 4H would be very bullish. Going under the green support trendline is obviously not good.

הערה
Almost a perfect touch
תמונת-בזק
הערה
תמונת-בזק

Nice bounce forming a higher low on 1H and 4H. Breaking EMA resistance and trendline with a confirmation would be very bullish.
BTCTrend Analysis

פרסומים קשורים

כתב ויתור