Bitcoin / TetherUSUpdated BTC/USDT 4H
- BTC Idea with support levels 46k and 40k-41k with 41K as crucial support level to hold in orde to maintain the uptrend.
- And 48k, 49k and 51k as resistance levels in which 48k and 49k are crucial to brake in order to get into a bullphase and uptrend.
- A retest after breaking 48k and 49k is possible, a break trough 51k-52k could be a sign for a S/R flip.
- EMA50 and EMA200 crosses are marked with red and green highlights. Red of course meaning that EMA50 crossed the EMA200 downwards and green highlight meaning the direct opposite.
- Last crossover was at 60K(ish) and was highlighted red beacause the EMA50 crossed EMA200 downwards. Next cross should/could/might be 50 crossing 200 opwards?!?!?!?
- And 48k, 49k and 51k as resistance levels in which 48k and 49k are crucial to brake in order to get into a bullphase and uptrend.
- A retest after breaking 48k and 49k is possible, a break trough 51k-52k could be a sign for a S/R flip.
- EMA50 and EMA200 crosses are marked with red and green highlights. Red of course meaning that EMA50 crossed the EMA200 downwards and green highlight meaning the direct opposite.
- Last crossover was at 60K(ish) and was highlighted red beacause the EMA50 crossed EMA200 downwards. Next cross should/could/might be 50 crossing 200 opwards?!?!?!?
Note
Please let me know in the comments what you think of this idea.- Especially poeple that might disagree, I would love to hear why.
- I'm just a beginning trader so every sort of feedback will be helpfull.
Thanks!
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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.