Updated

BTC on the verge - three black crows!

Slightly bearish sentiment after the failed breakout attempt, followed by three black crows on the daily -> possible short-term bear market ahead. Upon breakdown short to ~6.6k, further down at ~4.4k. Upon breakout long to ~12k. S&Rs and more info is in the chart.

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Attacking the downtrend once again. Volume still declining

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Several SMAs converging on the 4h. Could be a pivotal 24h for BTC's direction (short-term).

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Prob. bear flag forming on 30 min. DCA buy from 7k - 6.4k. Reevaluate situation after bounce.

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Falling wedge and a bullish divergence on the 4h

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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.