4hr BITCOIN mean reversion rejection - Leave the rest for later
In #Bitcoin's 4-hour chart scenario, we reject the EMA50 we are currently at and take the low at 56k in the next couple of days. We get a lot of economic data in the next few days until Friday, which could strengthen the US dollar and lead Bitcoin into a sell-off. Chart-wise, it looks like a rejection of the 4hr EMA50. The first target would be 56k and if things look really ugly, we should also consider 51k as a possible target.
🔔Trading Blog🔔
20netrade.de
🔥14 Tage Gratis Trading Tagebuch App🔥
20netrade.de
20netrade.de
🔥14 Tage Gratis Trading Tagebuch App🔥
20netrade.de
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.
🔔Trading Blog🔔
20netrade.de
🔥14 Tage Gratis Trading Tagebuch App🔥
20netrade.de
20netrade.de
🔥14 Tage Gratis Trading Tagebuch App🔥
20netrade.de
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.