Bitcoin
Long
Updated

Bitcoin bullrun support violated

149
The major support line that runs from the start of the bullrun just got a wick below, this is a bad signal, i do expect a major bounce from this point still.
i also believe if we get a 4 hr close under this line we will head to targets such as 5000.

This is a personal few and im currently in a long position myself.
Order cancelled
i got closed out on that long, this 4 hr will be important! lets see what happens :)
Note
Well, we closed below it on the 4hr and closed below the blue line wich was good support and resistance for the last month or so. :( im officially bearish x
Note
bitcoin doing its thing as always hahah, looks like the channel is being respected still, if we can get a 4hr close above 7800 i will have targets from 8500 to 9000.
Note
we do have bearish divergence on the daily and this 7400 resistance is strong as we know

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