Our premium Bitmex group is 30/32, That's over %93 accuracy!
Crazy ehh? Not at all because we patient and analyze to the bone.
This isn't your regular signal channel, if your serious about moving send me a message.
0.09btc ($350) Lifetime membership.
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Welcome to the update analysis on Bitcoin! I'm gonna keep it short and simple. Here on the 4h chart, you can see that BTC got rejected at 3700 as anticipated, The question is whether or not we break the resistance line (upper grey dotted line). As you can see from the 4h chart, RSI is overbought, I think we could see a downtrend to lower levels bounce inside of the falling wedge, but a breakdown is definitely possible. Either way, The bear market is alive. There are no indications indicating the bear market is over. Don't lose sight of that.
Good luck to all;
Crazy ehh? Not at all because we patient and analyze to the bone.
This isn't your regular signal channel, if your serious about moving send me a message.
0.09btc ($350) Lifetime membership.
_______________________________________________________________________________
Welcome to the update analysis on Bitcoin! I'm gonna keep it short and simple. Here on the 4h chart, you can see that BTC got rejected at 3700 as anticipated, The question is whether or not we break the resistance line (upper grey dotted line). As you can see from the 4h chart, RSI is overbought, I think we could see a downtrend to lower levels bounce inside of the falling wedge, but a breakdown is definitely possible. Either way, The bear market is alive. There are no indications indicating the bear market is over. Don't lose sight of that.
Good luck to all;
Trade closed: stop reached
Stop loss reached.Related publications
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.