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BTCUSD - Lost? Should I buy back? The 4hr Level to hold.

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BITMEX:XBTUSD.P   Bitcoin
Are you feeling the FOMO yet? Not sure if it will go higher? Dont worry there is a way to get a hold on this thing. Look for price action close below 7855 for confirmation that we are going into a swing low. If we get a close below 7627 its going even lower. This isn't to say we are in full blown pullback, but it does mean a down swing to test levels. This is just my opinion and not financial advice.
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Just FYI, wicks below the lines do not confirm down trend. It can wick all it wants, watch for the close.
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Looks like we have a few closes below 7855. Watch for the swing downward.
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And there you have it folks...

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.