The 15m has shown exhaustion from the last bullish push to save Bitcoin from destruction
The 4h is in a crucial area, a bearish break here strengthens a gastly bearish outlook
If this chart is confusing you, it's because it's inverted.
The Bearish Outlook:
Other Stuff:
The 4h is in a crucial area, a bearish break here strengthens a gastly bearish outlook
If this chart is confusing you, it's because it's inverted.
The Bearish Outlook:
Other Stuff:
코멘트:
1hr above, 4hr below
코멘트:
"Perhaps we're waiting for bearish news from china," what assholes bitcoin banned with an extra ban on the bit. Welp, can't say I didn't see this coming, in a way, hahaha.
코멘트:
well this is as bullish as it's been for a while.
a breakdown here is important for bears.
If this gets some follow through then there is a chance for a bullish reversal.
a breakdown here is important for bears.
If this gets some follow through then there is a chance for a bullish reversal.
코멘트:
코멘트:
Bulls are in the danger zone! a breakdown here would be pretty bad for the bulls.
코멘트:
another drop here and shes gonna take off
코멘트:
코멘트:
didnt break down or out on the last few moves, still consolidating, coiling up for a big move soon.
코멘트:
so still no clear breakout either way on the 4 hour. still consolidating, still leaning to the bearish side...
코멘트:
Pretty important breakout for the bulls, im gonna have to consider the bullish option.
코멘트:
Resistance on the Daily,
This could still fake out and breakdown. I'm not entirely convinced yet.
코멘트:
Well it looked pretty good until it didn't...
Guess bitcoin has other plans.
Can't rule out a global
meltdown.
Soon.
Guess bitcoin has other plans.
Can't rule out a global
meltdown.
Soon.
코멘트:
We had a good bearish break on the 15M but those signals are unreliable and can easily reverse as the 1hr was at resistance/ bullish support/ and didn't get the follow through we needed for my trade.
Perhaps we're waiting for bearish news from china, they did some bs payment that quelled the market forces, but really, nothing is going to stop the real estate crash there are lots of empty (crappy) buildings that are hurting investors and the cost of propping up a failed system and unnecessary construction is growing exponentially, hence all the debt those companies are in.
This is the last thing we needed when huge shortages are coming in. Rather parts are dissapearing. This will put a tremendous strain on top of hurting anyone who invested in chinese real estate.
This is going to topple down within the next month. Tether has used the USD they had in their account and loaned it out to chinese companies in the form of short term loans. They have not disclosed who they have papers from. They have said they do not have evergrande papers. Like that matter if the entire chinese market crashes and defaults the most likely borrowers, the real estate market probably have loans from tether, seeing that evergrande has 300+billion in USD loans?
This is not financial advice.