BitcoinUpdated BTCUSD 6/4/2021
Note: NOT A FINANCIAL ADVICE TO BUY/LONG OR SELL/SHORT
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I'm still on fiat.
Shorting if there is opportunity on BTC and ALTs.
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Technical Analysis
I'm still bullish on Bitcoin on the Monthly Timeframe but bearish on Weekly, Daily and Smaller Timeframes. ABC Correction on Wave 4 is not yet over. There is no signs of forming impulsive upside wave counts on the smaller timeframe. I think more downside to come (If $ 29,300.00 is broken) or more consolidation above $ 29,300.00. In 4 HR, a bearish triangle is forming. Other Explanation is on the chart itself.
1M
1W
1D
4HR & 1HR
____________
Note: NOT A FINANCIAL ADVICE TO BUY/LONG OR SELL/SHORT
________
I'm still on fiat.
Shorting if there is opportunity on BTC and ALTs.
________
Technical Analysis
I'm still bullish on Bitcoin on the Monthly Timeframe but bearish on Weekly, Daily and Smaller Timeframes. ABC Correction on Wave 4 is not yet over. There is no signs of forming impulsive upside wave counts on the smaller timeframe. I think more downside to come (If $ 29,300.00 is broken) or more consolidation above $ 29,300.00. In 4 HR, a bearish triangle is forming. Other Explanation is on the chart itself.
1M
1W
1D
4HR & 1HR
____________
Note: NOT A FINANCIAL ADVICE TO BUY/LONG OR SELL/SHORT
Note
1D4HR
1HR
Related TAs:
Note
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.
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.