BTC H4 CANDLE TRUE BREAKOUT ANALYSIS
1. Price has been very corrective in a bullish manner
(triangle) since it
broke through our key level - 50k area
2. Previous H4 candle close was an inverted Hammer
my indication for bearish exhaustion
3. Price could make another impulse from this level
if support holds at 49.600 key area.
4. I'll be expecting a bullish impulse in the next H4 to fill the wick
of the inverted hammer.
NOTE: I'M EXPECTING ANOTHER WAVE OF IMPULSE BETWEEK 51.500-52.500 IN BTC
HELLO TRADERS, IF YOU LIKE THIS ANALYSIS, PLEASE LEAVE HIT LIKE AND LET ME KNOW YOUR THOUGHTS BY LEAVING COMMENTS DOWN BELOW.
HAPPY TRADING!
(triangle) since it
broke through our key level - 50k area
2. Previous H4 candle close was an inverted Hammer
my indication for bearish exhaustion
3. Price could make another impulse from this level
if support holds at 49.600 key area.
4. I'll be expecting a bullish impulse in the next H4 to fill the wick
of the inverted hammer.
NOTE: I'M EXPECTING ANOTHER WAVE OF IMPULSE BETWEEK 51.500-52.500 IN BTC
HELLO TRADERS, IF YOU LIKE THIS ANALYSIS, PLEASE LEAVE HIT LIKE AND LET ME KNOW YOUR THOUGHTS BY LEAVING COMMENTS DOWN BELOW.
HAPPY TRADING!
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