Bitcoin 4hr is what we looked at last night just before the dump, hopefully you all were on the right side of the trend. Here we are again on the 4 hr, RSI low, price action in a higher low. Market cypher forming a trigger wave to the upside with a vwap cross coming in a few hours. I’ll update if we cross or get rejected, so stay tuned!
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I keep using binance forgetting they lack some important price action. We landed perfectly on support of this trend line I had drawn prior to the dump
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10,400 - 10,600 could still be fair game for rejection and complete a bearish pennant. However if we can stick in a higher high then the trend could change
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3 hour VWAP cross confirmed, 4 hour has crossed but doesn’t confirm till this candle closes. Bulls case is looking good
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1 hour rsi is in bearish territory, vwap crossed to the downside for the short term. We could see a bit of a shake out. 4 hour still has 20 minutes till close
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Order cancelled:
Looking to short for the moment and wait for the 4 hour to give a stronger sign
Trade active:
Back in a long at 10082. 30/45/1hr finally look good
