WILL THE BITCOIN BE BULLISH OR BEARISH IN THE NEXT 4 HOURS?
1. In my previous analysis, we had anticipated the wick fill for the
inverted hammer and we also anticipated that the next candles
would be bullish.
2. We could also see 2 wick rejection to the downside
which to me is also a sign of strong support.
but price also showing gradual weakness to the upside
losing its momentum - based on the previous H4 candle close.
3. However, I'd like the price to test
our buy side liquidity. we need the price retest in order for it
to go higher.
4. In the next H4 tf, I'm expecting the price to retest our
previous high at 5.900 key level area
5. If the price breaks through that level rejecting the
50.900 area, I'd expect the price to go through our next
key level at 52.000 - 52.500 range.
6. If the price shows a price rejection at 50.900
key area, I'd expect the price to dump to retest
our buy side liquidity taking all the short position
before making a bounce from that price 46.600 - 46.900 range.
inverted hammer and we also anticipated that the next candles
would be bullish.
2. We could also see 2 wick rejection to the downside
which to me is also a sign of strong support.
but price also showing gradual weakness to the upside
losing its momentum - based on the previous H4 candle close.
3. However, I'd like the price to test
our buy side liquidity. we need the price retest in order for it
to go higher.
4. In the next H4 tf, I'm expecting the price to retest our
previous high at 5.900 key level area
5. If the price breaks through that level rejecting the
50.900 area, I'd expect the price to go through our next
key level at 52.000 - 52.500 range.
6. If the price shows a price rejection at 50.900
key area, I'd expect the price to dump to retest
our buy side liquidity taking all the short position
before making a bounce from that price 46.600 - 46.900 range.
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Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.