There has been a rejection at the WMA 600 (H4) line (blue) at 44500, below the WMA 500 line (Daily) (yellow) and the Ichimoku cloud is still red. So in conclusion BTC will decline again.
Comment:
Profit target at 25500 (according to Fib. Extension calculation).
Comment:
My other additional analysis on the 4 hour chart.
Trade closed manually:
My analysis has been closed, it is no longer valid for current conditions. Thanks.
