The 4h chart for BTC is still playing out perfectly. You can see it rejected on the 200 EMA (pink line) and recently rejected at the horizontal resistance of $17,167.
I'm expecting Bitcoin to at LEAST retest the bottom of our upwards channel at $17,000 and possibly falling to $16,736 (with a dip lower to form a bullish divergence) then bounce to retest the $17,167 resistance.
If Bitcoin breaks above the 200 EMA, I'm FULLY expecting us to test the next MAJOR resistance of $17,640.
If you enjoyed my TA or have any questions on the indicators used, please leave a comment below or send me a PM :)
I'm expecting Bitcoin to at LEAST retest the bottom of our upwards channel at $17,000 and possibly falling to $16,736 (with a dip lower to form a bullish divergence) then bounce to retest the $17,167 resistance.
If Bitcoin breaks above the 200 EMA, I'm FULLY expecting us to test the next MAJOR resistance of $17,640.
If you enjoyed my TA or have any questions on the indicators used, please leave a comment below or send me a PM :)
🤝 Let's Connect:
📊 Leverage Trade (No KYC) - partner.blofin.com/d/CryptoData
🌎 Website - cryptoscripts.com
🐦 Twitter - x.com/CryptoScriptsAI
📺 Youtube Indicator Tutorials - youtube.com/c/CryptoScripts
📊 Leverage Trade (No KYC) - partner.blofin.com/d/CryptoData
🌎 Website - cryptoscripts.com
🐦 Twitter - x.com/CryptoScriptsAI
📺 Youtube Indicator Tutorials - youtube.com/c/CryptoScripts
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🤝 Let's Connect:
📊 Leverage Trade (No KYC) - partner.blofin.com/d/CryptoData
🌎 Website - cryptoscripts.com
🐦 Twitter - x.com/CryptoScriptsAI
📺 Youtube Indicator Tutorials - youtube.com/c/CryptoScripts
📊 Leverage Trade (No KYC) - partner.blofin.com/d/CryptoData
🌎 Website - cryptoscripts.com
🐦 Twitter - x.com/CryptoScriptsAI
📺 Youtube Indicator Tutorials - youtube.com/c/CryptoScripts
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.