BTCUSD purely technical short-term outlook based on 4H,1D,1W

This is a technical outlook on the movement of bitcoin in the short term. I have explained in the chart what I am expecting (My Bias is shorts) and below you will find images of the 1D and 1W charts.

This is the daily chart

This is the weekly chart

Note

We are now seeing some upside movement. Remember that as long as price does not close above the level indicated we are seeing looking for sells and note we have not entered any positions as of yet

Note

The market is currently ranging. Note we are waiting for closes above 44978 or below 41437

Note

Closes below support, now short

Note

Move to breakeven

Trade closed: target reached

ChristopherDownie

C Nicholas Downie

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ChristopherDownie

C Nicholas Downie

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