We can see on the 4H chart Bitcoin got rejected on two different areas if you will.
- Red horizontal daily support, which coincides with the 50EMA
- Or: wick got rejected at the 0.5 FIB level.
Either way I believe we might not have seen the end of this major correction.
Are you buying? Hodling? Selling?
- Red horizontal daily support, which coincides with the 50EMA
- Or: wick got rejected at the 0.5 FIB level.
Either way I believe we might not have seen the end of this major correction.
Are you buying? Hodling? Selling?
Related publications
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.
Related publications
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.