BTC has shifted down to the previous consolidation zone. showing many signs of a reversal but also many signs that price might hang around at this level for sometime.
Everyone seems to be waiting for a decent pullback. finally BTC looks like it may correct creating LH's on the 4hrly.
a correction down to the mid 16k will be a healthy correction it has previously been a demand zone. I wouldn't expect price to stay there for long. keep on eye on MACD crossing.
BTCUSD 4hrly
Everyone seems to be waiting for a decent pullback. finally BTC looks like it may correct creating LH's on the 4hrly.
a correction down to the mid 16k will be a healthy correction it has previously been a demand zone. I wouldn't expect price to stay there for long. keep on eye on MACD crossing.
BTCUSD 4hrly