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BTC Failed 4hr EMA Ribbon Flip
Bitcoin
BTC Failed 4hr EMA Ribbon Flip
By highleverage47
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Jan 22, 2022
1
Jan 22, 2022
If BTC repeats itself from the last time the ema ribbon on the 4hr couldn't flip bullish, we can expect a deeper cut. This price target would also coincide with the head and shoulders pattern I posted about in December
https://www.tradingview.com/chart/BTCUSD/lKDGGrtS-BTC-Scary-Scenario-Last-chance-for-the-bulls/
I closed my long positions as candles closed below the ribbon, luckily before things got ugly
https://www.tradingview.com/x/vnYelSsu
https://www.tradingview.com/x/sPW1Xege/
Zooming out, this looks like the last chance for the bulls before things get worse
https://www.tradingview.com/x/6EtXCgRM/
BTC
Cryptocurrency
cryptotrading
emaribbon
Falling Wedge
Trend Analysis
highleverage47
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