The BTC chart MM do not want you to see

3D BTC charts looking for possible bounces. Shall wait for the next 3 day candle to close to make an entry. Region around 200 EMA is a good risk reward setup.

We are still in a downtrend channel but with confluence of bottom trend line support with a 200EMA support.

200 EMA acting as support. It is the first time we have ever touch the 200EMA.

Last time it touch

Bearish scenario

Note

4hr TF
- inverse head & shoulder

Note

3D candle closed with not much selling pressure. Giving signals to accumulate at this green box zone

Note

Don't like that 4hr candle closing hitting the top.
Possible formation of bear flag. Still hoping for some juice.

Note

3D candle closed with a nice green bar = good chance of some upside over the next few days from a probability stand point

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