There’s no way bitcoin will continue higher before it decline to test support on 4hr first.
Bitcoin hitting top bolinger on daily. It declined to bottom bolinger before, get rejected and now reached opposite side.
On 4hr chart, as in previous idea attached, top bolinger was support and now become resistance. And it was nice opportunity to short on approach few hours ago. I missed that and just sell again at 55100 level.
On 4chart i can see how resistance from daily overlapping with resistance on 4hr chart.
If price move higher i will look were to add to shorts.
Target for shorts is green band on 4hr chart between 35ema and 60ema.
Bitcoin hitting top bolinger on daily. It declined to bottom bolinger before, get rejected and now reached opposite side.
On 4hr chart, as in previous idea attached, top bolinger was support and now become resistance. And it was nice opportunity to short on approach few hours ago. I missed that and just sell again at 55100 level.
On 4chart i can see how resistance from daily overlapping with resistance on 4hr chart.
If price move higher i will look were to add to shorts.
Target for shorts is green band on 4hr chart between 35ema and 60ema.
