BTCUSD 4H CHART BITCOIN MARKET CONDITIONS
Updated
Strogn downtrend can be seen on the BTCUSD pair.
As the pattern developes, we can see a double bottom or H&S.
Entry/Exit levels are suggested for both scenarios.
ADX in range, with +/-DI crossing.
There is no long/short suggestion at the time. Just keep watching the market.
WNZ
Get live updates and analysis of the cryptocurrency market: t.me/ZeddmoTrading
As the pattern developes, we can see a double bottom or H&S.
Entry/Exit levels are suggested for both scenarios.
ADX in range, with +/-DI crossing.
There is no long/short suggestion at the time. Just keep watching the market.
WNZ
Get live updates and analysis of the cryptocurrency market: t.me/ZeddmoTrading
Note
We have a nice break from downtrend. Now it is time to defeat resistance line over 4100 to go long with decreased riskNote
We are looking right now for a double bottom pattern. Time to analyze altcoins
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