BTC bounce still underway, rejecting from EMA resistance on the 4 hour but still battling for it.
There is a notable pattern the last few weeks of bears smashing the price down when we get to a certain level, but not getting any follow through, just setting daily higher lows.
It is as if there are bots programmed at a resistance level, but they only trigger at those levels and there are not enough retail bears out there to get any follow through.
We will see if this continues with a slow and steady climb back over $4,000.
Daily inside bar is likely to form today, and yesterday's low is potentially just another daily higher low.
There is a notable pattern the last few weeks of bears smashing the price down when we get to a certain level, but not getting any follow through, just setting daily higher lows.
It is as if there are bots programmed at a resistance level, but they only trigger at those levels and there are not enough retail bears out there to get any follow through.
We will see if this continues with a slow and steady climb back over $4,000.
Daily inside bar is likely to form today, and yesterday's low is potentially just another daily higher low.
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Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
Checkout our full trading resources online chartguys.com
Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.