BTC on the 4-hour chart has shifted to an upward trend

Aggiornato

BTC has broken the 4-hour swing high, indicating a change to an upward trend. It is expected that BTC will continue to rise towards the supply zone within the daily timeframe

Trade attivo

BTC has broken through the 4-hour timeframe high, but we need to wait and see if, when this 4-hour candle closes, its body will break above the 4-hour high. If the candle's body breaks through, it indicates strong buying pressure, and the price is likely to continue rising.

Trade attivo

Today in the 4h time frame, BTC created a peak with candles

Trade attivo

After BTC closed the candle and peaked in the 4-hour time frame, the price increased and SWEEP peaked in the 4-hour time frame.
To know if the price continues to rise or has a pullback, we need to monitor the reaction of the next candles to see if they can break this SWEEP peak or not. Otherwise, the price will have a pullback.

Trade attivo

BTC today broke the Swinghigh peak of the daily frame

Nota

This is a strong bullish Swing structure after the CHOCH signal in the 4H time frame. The internal wave of the i-Swinglow creation structure is strong so the price falls to the OB of the i-Swinglow and continues to rise.

quangcttn

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Analyzing the wave structure on the 4-hour time frame of BTC usi

di quangcttn

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