Price has continued to appreciate against 1D Mean, however the 4H mean has stayed within the channel and is showing good signs of maintaining momentum. Price is currently at a high value volume area and also the trendline.
Easy approach, a strong break and close below would not be ideal and suggest reversal. This would be possible due to BTC losing support above 47k, or a tweet.
Previous Analysis linked.
Easy approach, a strong break and close below would not be ideal and suggest reversal. This would be possible due to BTC losing support above 47k, or a tweet.
Previous Analysis linked.
These analyses are my personal view on the market.
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).
