BitcoinShort
New chapter for Bitcoin
4264 act like the daily crucial resistance,
as you can see the 4150 already stop bulls for a while.
I believe traders can put sell limited
at around 4150-4250 and
set SL a little bit above 4275.
There is a possibility for bulls to break
above the inverse hs pattern
so we have to be prepared
3702 act like a strong support
If bulls can hold at here, we may
form a inverse hs pattern.
If not, we will break from here to
the new low.
as you can see the 4150 already stop bulls for a while.
I believe traders can put sell limited
at around 4150-4250 and
set SL a little bit above 4275.
There is a possibility for bulls to break
above the inverse hs pattern
so we have to be prepared
3702 act like a strong support
If bulls can hold at here, we may
form a inverse hs pattern.
If not, we will break from here to
the new low.
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.