Pretty simple here too. Just using one hour chart to check on 4 hour $44k rejected theory (link below).
I do think BTC will seek to meet the 200 DEMA, not sure if it is coming up faster or BTC is going down faster.
Although the hour is starting to look bearish and the strongest hour of volume during the last four is a sell hour, it looks pretty neutral at the top here.
Let's see how this hour wraps.
I do think BTC will seek to meet the 200 DEMA, not sure if it is coming up faster or BTC is going down faster.
Although the hour is starting to look bearish and the strongest hour of volume during the last four is a sell hour, it looks pretty neutral at the top here.
Let's see how this hour wraps.
Note
neutral for too long, I will close shorts and look for a higher spot
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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.