BTC continues to reject from 4 hour EMA resistance, which keeps the bears in control and confident.
There is no reason for shorts to cover if bulls cannot get over this resistance.
This also ensure we just continue to set lower highs on every bounce attempt.
Looking for the potential for a 4 hour equilibrium setting up this morning if the low of the pullback to this point can hold.
The declining bear volume on this pullback is a reason to look for the potential 4 hour equilibrium.
Very weak bounce attempt at this point on the daily with no follow through.
I personally had sell orders $7,100-7,200 last night anticipating this resistance and most of them filled.
I personally will be very patient and trading other sectors while waiting for the next clear setup.
There is no reason for shorts to cover if bulls cannot get over this resistance.
This also ensure we just continue to set lower highs on every bounce attempt.
Looking for the potential for a 4 hour equilibrium setting up this morning if the low of the pullback to this point can hold.
The declining bear volume on this pullback is a reason to look for the potential 4 hour equilibrium.
Very weak bounce attempt at this point on the daily with no follow through.
I personally had sell orders $7,100-7,200 last night anticipating this resistance and most of them filled.
I personally will be very patient and trading other sectors while waiting for the next clear setup.
Checkout our full trading resources online chartguys.com
Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
Checkout our full trading resources online chartguys.com
Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
