Bitcoin
Short

BTC - H1 - CLOUDS AND SUPPORT TREND LINE UNDER ATTACK...

By Ironman8848
H1 : Currently traded at a pivot point level on this time frame and below MBB, KS and TS !
Indeed, a downside breakout of the clouds would open the door for further
downside.
Next support being the 38.2% Fib ret @ 36489 (also former low of Feb 4th and 5th)
Watch M15 and M5 for intermediate clues in waiting the next hourly closing.
Fibonacci RetracementsupporttrendlineTrend Analysis

Related publications

Disclaimer