Hi, For the moment BTC is still in a short terme up trend, in the 4H It can at least flip flop between the 9 and the 55 EMA on the 4H, without any problem. Problems for long would became if BTC close below 33600 - 32200 It look like a lower high on the 4H, but for me this is not confirmed yet. If the next candle will close above the previous close at 34700, or...
Hi, BTC Still bullish short term. Higher High have been formed on 4H. 1H Uptrend have been broken down, but not a big deal until BTC break bellow 33900 - 33600. Even there, it can go a little bit lower(33600-32600), without destroying hope for going to 39000-41000. This setup can also be seen as a bull trap at 36600. So people may have opened shorts there....
Btc final close 1h above 35500, in 1h, the 4h will most probably also close above 35500. After a short retest of prevous support, target to 39000-40500. Then...
Hi, Here is my personal analysis for BTC Today : 28.06.2021 : 07h30 BTCUSD is still in a down trend. On D, 2D, 3D On lower time frame (4H BTC is neutral, with a small bullish posture. if BTC close above 35000-35600, and above the 100EMA, it can go UP to 37000 (200 EMA) or 40500-42500 (Resistance Zone) It can retrace to 32900-32300 (previous pivot point), a...