husseinmohamed202200

husseinmohamed202200

We're going to retest the 41700, the MA's are once again about to cross and we've been rejected from testing the FIB. This looks like a great moment to short the S&P 500, if that dips so does BTC.

husseinmohamed202200

This isn't perfect but we just broke 42500 and it seems as though we're retesting a support zone at the moment. By the looks of it we're retesting the lower wicks within the next couple hours

husseinmohamed202200

We tried to get support on the fib and failed, looks like we're going below it and possibly retesting it as resistance again? Either that or we have a long way down. Doesn't help that we have such low volume

husseinmohamed202200

Looks like we're retesting the fib, if we fail we're testing 38k area, if we we push through (could be a fake out and then heavy down candle, the volume is drying up) we could be heading toward a reversal?

husseinmohamed202200

It looks like at the minimum we're going down toward the 41k region, we're struggling to go above the 20 ma and our volume is drying up again. Nearing a fib area as well

husseinmohamed202200

BTC is testing a critical support atm and it looks like its struggling to hold support. On the 4h the 20 has gone below the 50ma which also is usually a bad inidicator not sure though