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BTCUSD Bitcoin BULLTRAP BEARISH

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COINBASE:BTCUSD   Bitcoin
BTC 4 HOUR TIME FRAME on Coinbase looks like a Bulltrap. Los Angeles 12:17 PM.

Bitcoin 50 MA is looking to cross with 200 MA. RSI confirms downward trend. RSI is showing bearish divergence. If RSI breaks downward trend look for psychological $6000 resistance and $6200 previous ATH. Price action is moving up too quickly - correction immanent.

Red lines are where I think Bitcoin will find support and where my auto buys are set. Buying in small increments is a good strategy to pick up. Saves you from going all in this unpredictable market.
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Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.