4hr Bitcoin mean reversionIt looks like Bitcoin is doing a mean reversion on the 4 hour time frame at the moment. We dumped in the opening of the Asian session tonight. Liquidations are also seen above the current high that we could take out. Let's wait and see what the London and New York session brings and how price reacts. We should be watching closely for a break through the EMA50 on the 1 hour time frame to confirm a continuation of the trend.
Hybridsystem
W pattern w/ short term reversal target into markdown patternFirst a short term W pattern with measured move into region also in line with retrace before drop into 3 drop markdown phase.
Short term long to price target and then short entry in ranget between red price labels. There are two points where vector candles haven't been fully recovered and those precise points could be reversal targets as well.