Short turn around

Updated
Bitcoin 4hr is what we looked at last night just before the dump, hopefully you all were on the right side of the trend. Here we are again on the 4 hr, RSI low, price action in a higher low. Market cypher forming a trigger wave to the upside with a vwap cross coming in a few hours. I’ll update if we cross or get rejected, so stay tuned!
snapshot
Note
I keep using binance forgetting they lack some important price action. We landed perfectly on support of this trend line I had drawn prior to the dump
snapshot
Note
10,400 - 10,600 could still be fair game for rejection and complete a bearish pennant. However if we can stick in a higher high then the trend could change
Note
3 hour VWAP cross confirmed, 4 hour has crossed but doesn’t confirm till this candle closes. Bulls case is looking good
Note
1 hour rsi is in bearish territory, vwap crossed to the downside for the short term. We could see a bit of a shake out. 4 hour still has 20 minutes till close
Note
snapshot
Order cancelled
Looking to short for the moment and wait for the 4 hour to give a stronger sign snapshot
Trade active
Back in a long at 10082. 30/45/1hr finally look good
Bitcoin (Cryptocurrency)CryptocurrencyTechnical IndicatorsTrend Analysis

Also on:

Related publications

Disclaimer