The price is being rejected again on the 4 hour 20 MA / 21 EMA and on the RSI 50. The blue horizontal channel is a weekly resistance which flipped to support and now is acting as resistance... again. We need to pierce through this if we want to dream with higher levels.
As expected BTC kicked this down pretty easily.
Few minutes to close this candle. Let's see how it goes.
This is a followup of this idea published a few days ago.
As expected BTC kicked this down pretty easily.
Few minutes to close this candle. Let's see how it goes.
This is a followup of this idea published a few days ago.
Note
RejectedNote
What about now?Note
Can it hold 4H 20MA/21EMA? RSI 50 not pierced yet, though.
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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.