PHMoneymakers

Bitcoin! Lower High? Drop incoming?

BITSTAMP:BTCUSD   Bitcoin
Unless Bitcoin breaks above $57k on the 4 hour candle close, I will be expecting a sell off at any of the regions located on my chart. Be cautious and take risks under consideration. Half of of my long position was close at $55.5K and my other half of position will have stop loss on break even. As of now, BTC is still looking weak and with a lower high printed with no volume follow through, this is my worry.

$61K flipping bullish on all time frames. Anything lower remains a lower high and continuation down.

Please share your thoughts and if you would like me to analyse any other coin for you, do comment below and I will post them.

Thanks for the follows and likes on the post. I have only started posting recently and will continue daily.

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.