Bitcoin made a double top on the 4 hour time frame. After this double top was form it made a swing low on friday. Saturday it slowly pulled back up and that pullback seemed to be rejected sometime this morning here in the United States.
So the short term signal on the hour 4 chart would be to sell Bitcoin.
Im trading very small and using a stop loss a little bit above yesterday's candle
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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.