Short

BTCUSD - 4 Hour Breakdown

By Thisisnotfinancialadvice

Updated

The Top:

BTCUSD Inflection Point - Possible Top - 4H

The Fake:

BTCUSD - So it's time to buy now right? - 4H

The Zone:

The Target:

The Dollar:

The Gold:

1W

1D

4H

1H

The 4 Hour has broken down, the daily is in bear mode.

Take Heed.

This is not financial advice.

Note

We're still primed and ready for a drop, we'll see how much longer price will hold up.
4H

30Min

Looking for a breakdown, 30 maybe losing momentum here confiring the dump on the 4H and the Daily.

Note

Alright, on the 1 hour, this is the trigger we were looking for, momentum shift and a breakdown:

Note

4H:

Note

4H

1H

Note

1H:

Note

4H:

Note

1D:

Note

bitcoin been resisting the drop, perhaps there are too many bears for the MM

watching the 1 hour, got a leg up last night, but we're at a crucial point again, a breakdown here will keep my target valid.

otherwise considering a long, a bounce for the bulls to entrap more and get more people carrying bags.

Note

4h:

Note

Daily still looks bearish:

Note

1H:

Note

4H going back down

Note

The larger time frames still look bearish, 1 hour been going sideways, but no clear direction can be asserted, sticking with initial analysis unless we get some clear signs of movement.

Note

Holy sideways batman! Another breakdown, on the 1 hour:

Thisisnotfinancialadvice

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