BitcoinLong
Bitcoin 4 hour chart
Hello World! Today we will analyze the 4 hour chart of Bitcoin
The 4 hour chart of Bitcoin has been very calm, however everything seems to change, we have an ascending triangle about to break the formation and start to touch the prices established in a past analysis.
These are no longer buy zones, they are zones to start taking profits or protect the trade, the first resistance will be $41,400, if it breaks this zone we could possibly touch $46,000, however if Bitcoin is not able to break its first resistance and has a rejection we may have some sharp decline, everyone who bought below $37,000 should only protect the entry price or take profit.
See you!!
The 4 hour chart of Bitcoin has been very calm, however everything seems to change, we have an ascending triangle about to break the formation and start to touch the prices established in a past analysis.
These are no longer buy zones, they are zones to start taking profits or protect the trade, the first resistance will be $41,400, if it breaks this zone we could possibly touch $46,000, however if Bitcoin is not able to break its first resistance and has a rejection we may have some sharp decline, everyone who bought below $37,000 should only protect the entry price or take profit.
See you!!
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