Bitcoin Bulls Still Running?
Looking at this 4hr chart I see a break down out of a Head and Shoulders pattern.
The target is just above $52,000. My whiskers are telling me that if we continue downwards we could even go as low as $46,300, which would be testing the .786 Fib retracement of the bullish impulse that took us to a new ATH.
For now, I'm hiding in the bushes and waiting. I'm tentative to go short since I see some Hidden Bullish Divergence. For me, this could indicate a bear trap. It would not be a surprise if we moved upwards instead and retested the ATH.
What do you think? Are you bullish or bearish?
Owhoooo!
The target is just above $52,000. My whiskers are telling me that if we continue downwards we could even go as low as $46,300, which would be testing the .786 Fib retracement of the bullish impulse that took us to a new ATH.
For now, I'm hiding in the bushes and waiting. I'm tentative to go short since I see some Hidden Bullish Divergence. For me, this could indicate a bear trap. It would not be a surprise if we moved upwards instead and retested the ATH.
What do you think? Are you bullish or bearish?
Owhoooo!
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.