AlanSantana

Bitcoin To Revisit $38,000 Or Lower (4H TF)

BITSTAMP:BTCUSD   비트코인
After hitting a $45,850 price peak 10-Feb., Bitcoin is looking bearish on the 4h timeframe.

Right after this peak was hit we have multiple bearish candles breaking support after support.

  • The MACD has gone below zero, which favors the bears.
  • Trading below EMA50/EMA10.
  • RSI trending down/below 50.

Conditions for change
These signals are coming out of a short-term timeframe, things can change fast.
If BTCUSD closes 4h above ~$43,150, this analysis is invalidated.

Feel free to leave a comment with your thoughts.

Namaste.

🔝 Altcoins & Bitcoin Charts!
followalan.com

🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com

🔥 New Lowest Pricing Ever ➖ Easy PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.