Hhan44

Daily Overview

Hhan44 Updated   
FTX:BTCUSD   Bitcoin
The general hope is in a recovery into the 52-54k price area. (Possible short entry)

Bitcoin /USD sits on a flipped SMA 200 & 300 support with a downwards trendline. (Possible long entry)
Resistance comes from many different price level angles.

The risk to test support bottom at 42k remains. (Possible long entry)
Many possible worst case scenarios once 42k level breaks.

The weekly MACD shows bearish signal / trend reversal. Means further downtrend or at least a consolidation is very likely.
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Fear&Greed Index 25 (Extreme Fear)
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4h overview with long history trendline (blue)
A possible long breakout retest on the 4h forming (within half a day or two) but be aware it's a long into downtrend resistance.
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Link to private 4h chart with chat pattern
 
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Possible 55-56k as short entry added after a look on the weekly. Please confirm setup before setting orders.
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Fear&Greed Index 28 (Fear)
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Bars Pattern Astrology II (bearish)
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Bars Pattern Astrology II (bullish)
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Fear&Greed Index 29 (Fear)
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Fear&Greed Index 24 (Extreme Fear)
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Fear&Greed Index 16 (Extreme Fear)
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Fear&Greed Index 27 (Fear)
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Fear&Greed Index 28 (Fear)
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Fear&Greed Index 21 (Extreme Fear)
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Fear&Greed Index 28 (Fear)
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Fear&Greed Index 29 (Fear)
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Fear&Greed Index 23 (Extreme Fear)
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Fear&Greed Index 24 (Extreme Fear)
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Fear&Greed Index 29 (Fear)
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Fear&Greed Index 25 (Extreme Fear)
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Fear&Greed Index 27 (Fear)
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A possible breakout on the 4h for a reversal on the daily tf but it's still in that nice downtrend channel (Heikin Ashi Candles).
And it's still within the same price range of the original idea with all its support and resistance trendlines.
Weekly still looks kinda meh, more patience required.
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Fear&Greed Index 45 (Fear)
almost a month since we last had such a value
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The breakout retest looks good so far on the 1h and 2h but it's still on the edge.
Mixed signals on the 4h yet clearly more bearish reversal signals.
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Fear&Greed Index 34 (Fear)
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after some bearish action we got a successful retest
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Fear&Greed Index 41 (Fear)
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Fear&Greed Index 39 (Fear)
I will keep posting the Index till we get a neutral or greed value.
4h snapshot
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Fear&Greed Index 37 (Fear)
4h snapshot - possible breakdown of uptrend channel
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Fear&Greed Index 40 (Fear)
4h snapshot
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Fear&Greed Index 41 (Fear)
4h snapshot
Daily snapshot (for MACD and RSIs)
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Fear&Greed Index 27 (Fear)
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And back to extreme fear
Fear&Greed Index 22 (Extreme Fear)
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Bitcoin broke and retested the curved trendline. Means from here there is no more objective bearish charting, only guesses.
Bitcoin might retests the downward trendline and the H&S neckline resistance. A break and support retest of those levels if to be considered as bullish.

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