BTC LOWER LOWS ON 4hr, bulls need bounce from 38.5-ish
Odd price movement, forced by stocks... nevertheless we need to close this 4hr candle above 38.5ish (in green basically) otherwise we may see 36.9K, 36.1K and even 34.1K doesnt look impossible at this moment.
If bounce from here happens we may have a slight double bottom pump but now it doesnt seem likely.
Fingerz crossed, go bulls
If bounce from here happens we may have a slight double bottom pump but now it doesnt seem likely.
Fingerz crossed, go bulls
Komentarz:
Also, I forgot to post and mention a huge head and shoulders pattern (with head being that higher high)
Awesome entry to take a long stab with tight stop though...