BTC/USD Bitcoin Next Move
BTC/USD Bitcoin Technical Analysis Chart Update
Time Frame - H4
According to the Pattern in Long Time Frame it is Following Rising wedge and completed the retest and reached its Target
In Short Time Frame #STF we have rising wedge and it has breakout the Lower Trend Line #LTL and it can Follow some Bullish Moves to complete its retest
In Short Time Frame it is also Following Impulse Correction Impulse it has completed its Impulse and correction now it will again Follow Impulsive waves of Bearish Trend till its Daily Support Level
Last thing we have is Break Of Structure #BOS as you can see it has breakout the demand zone and now it retest and Again follow Bearish Trend
Time Frame - H4
According to the Pattern in Long Time Frame it is Following Rising wedge and completed the retest and reached its Target
In Short Time Frame #STF we have rising wedge and it has breakout the Lower Trend Line #LTL and it can Follow some Bullish Moves to complete its retest
In Short Time Frame it is also Following Impulse Correction Impulse it has completed its Impulse and correction now it will again Follow Impulsive waves of Bearish Trend till its Daily Support Level
Last thing we have is Break Of Structure #BOS as you can see it has breakout the demand zone and now it retest and Again follow Bearish Trend
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.