Potential BTC Head and Shoulders setting up on the 4 hour chart that is worth watching. Increased Bear Volume and a potential Rising wedge
support around 9500 and 7800 respectively if we see a pull back
Also 4 hour MACD bear cross.
Short time consolidation on the 4 hour chart.. If we get a pull back to previous support mentioned above it would be a gift as i think BTC is going to have a massive run this year.
The institutional investors want a slice of the Crypto action and the whole space is still red hot. These level offer excellent long term opportunities in my opinion.
support around 9500 and 7800 respectively if we see a pull back
Also 4 hour MACD bear cross.
Short time consolidation on the 4 hour chart.. If we get a pull back to previous support mentioned above it would be a gift as i think BTC is going to have a massive run this year.
The institutional investors want a slice of the Crypto action and the whole space is still red hot. These level offer excellent long term opportunities in my opinion.
Trade active
ETH has just formed the same pattern and broke bearish
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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.