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BTC - H4 - WATCH MID BOLLINGER BAND AS THE LEADING INDICATOR !

636
H4 : Once again we can see another failure to upside breakout the psychological resistance level of 60'000.
Indeed, as already mentioned several times, ONLY a clear breakout of this area would allow further upside
which would put the focus on former high @ 61781.
Until this breakout occurs, I strongly suggest to watch very carefully at the Mid Bollinger Band which should
still be seen as the "LEADING INDICATOR" and which worked, perfectly well so far.
A failure to hold above MBB and Kijun-Sen (Base line), would trigger a sharp downside move, as seen several times in the past !
Watch H1 and M15 to get intermediate signal (s) for validation or invalidation
Have a nice weekend
All the best
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