BitcoinShort
"Top and Bottom Analysis" BTC/USD by Thinking Ants
4H CHART EXPLANATION:
Price Broke Out a Major Resistance with a strong Ascending Movement. Now it s on a Triangle Pattern showing Weakness on the Bullish move:
- Bearish Divergence MACD
- Resistance zone at 5356
- Weekly Descending Trendline
If price breaks out the Ascending Trend Line of the Triangle below 5187.3 we expect a Corrective Down movement Towards 4880.6. We will be looking fot Sell setups on the Mentioned area.
Updates comming soon!
MULTI TIMEFRAME VISION:
- Weekly
- Daily
Price Broke Out a Major Resistance with a strong Ascending Movement. Now it s on a Triangle Pattern showing Weakness on the Bullish move:
- Bearish Divergence MACD
- Resistance zone at 5356
- Weekly Descending Trendline
If price breaks out the Ascending Trend Line of the Triangle below 5187.3 we expect a Corrective Down movement Towards 4880.6. We will be looking fot Sell setups on the Mentioned area.
Updates comming soon!
MULTI TIMEFRAME VISION:
- Weekly
- Daily
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.