Bitcoin
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Diupdate

Decision on the the Bitcoin move comming soon!

216
The 1h graph is showing some potential downtrend:
- bearish convergence on indicators is forming
- nearly no space in triangle left
- the daily graph can close bearish today at 0:00 UTC also

Let's wait a bit more and we can sell also on the breakdown.
Catatan
Checking some shorter timeframes. For now, 15min is still not bearish. Waiting for confirmation in one or another direction. cuplikan
Catatan
Seems whales are playing fast! Perpetual contract price fromBinance with a rarely seen gap on TW. Probably due to slower refresh of data. cuplikan
Catatan
The decision still not clear due to the 4h bullish cross that was made. Movement should start today (UTC time) cuplikan
Watching closely!
Catatan
Seems like we are nearly ready to go down! 15min has bearish crosses with convergence: cuplikan
Catatan
Here we go also on 1h!
cuplikan
Catatan
Seems like 4h can still close on bullish converge and a larger time frame will define where the next big movement will go. Both options are still possible. cuplikan
Catatan
The daily timeframe is in possible bearish divergence and if it stays like that at candle close 0:00 UTC it could mean more downside potential.
cuplikan
However, before daily closes, we will still have 2 more candle closes on 4h. If 1h won't give enough info, 4h close together with a daily close in a few hours should give us final confirmation.
Catatan
As explained above larger 4h time frame defined the move while I was sleeping.
cuplikan
This shows how important it is to wait for final confirmation and alignment of signals on many timeframes.

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