4HR has been the most reliable chart for Bitcoin. Tweezer Bottom here making a Higher LOW. Cautious (and small hedge) based on MACD looking like it's about to turn over and bear cross.
Playing this for a bounce off the .786 and then looking for a meaningful bounce
Bollinger Band Pinch A/D makes me lean bullish
MACD looks Prime and Stoch says room to run
Triple bottom on the 4 hour. I would say inverse H&S but the head doesn't have the highest volume. Nice Support on rising RSI and MACD looking primed.
5 defined corrective waves completed. Playing this as the start of a reversal and a Wave 1 Stochastics had a nice reset *I don't love the volume profile but an up day tomorrow would confirm trend and give us 3 white soldiers
Classic Adam and Eve double bottom forming on the 4 hour
Based on the higher low (just barely) could make a case for Elliot Wave 2 completion and now waiting for (often the longest and never the shortest) Wave 3 up. RSI and OBV ticking up gives a little more conviction to this theory.
Final 5th Elliot wave up to $4,600 before making another leg down