BTC, 1h-4h, UP then DOWN
BTC price short-term brief study and judgment 1h-4h
1. The horizontal structure has not officially made a breakthrough in the 4h important pressure line of 16800-16900. However, 1h has already made the bottom and established a bullish trend;
2. In terms of shape, if a suspected 5-wave is pulled out, you can expect to pull another 5-wave wave after stepping back (focus on 15800-16200). You can pay attention to the pressure 17670-18300-19600.
1. The horizontal structure has not officially made a breakthrough in the 4h important pressure line of 16800-16900. However, 1h has already made the bottom and established a bullish trend;
2. In terms of shape, if a suspected 5-wave is pulled out, you can expect to pull another 5-wave wave after stepping back (focus on 15800-16200). You can pay attention to the pressure 17670-18300-19600.
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