Bitcoin Analyze (🌟Shooting Star🌟, Timeframe 4H)!!!
Updated
Bitcoin seems to have failed to break the important resistance zone (Fibonacci clusters, resistance lines + SMA 100(Daily TF)) for the second time and has formed a 🌟Shooting Star🌟 Bearish reversal Pattern in the 4-hour time frame.
Also, we can see Regular Divergence (RD-) in the RSI indicator, and there is also the possibility of a bearish Failure Swing signal for the next hour in the RSI indicator.
tradingview.com/x/oM2gsLSA/👇
I expect Bitcoin can back to the support zone again.
❗️Note❗️: If Bitcoin breaks the highest price of the 🌟Shooting Star🌟 candle, the bullish scenario will be strong.
Bitcoin Analyze ( BTCUSDT ), Timeframe 4H⏰.
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Also, we can see Regular Divergence (RD-) in the RSI indicator, and there is also the possibility of a bearish Failure Swing signal for the next hour in the RSI indicator.
tradingview.com/x/oM2gsLSA/👇
I expect Bitcoin can back to the support zone again.
❗️Note❗️: If Bitcoin breaks the highest price of the 🌟Shooting Star🌟 candle, the bullish scenario will be strong.
Bitcoin Analyze ( BTCUSDT ), Timeframe 4H⏰.
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Trade closed: target reached
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