Friends , btc seems to be in trouble. The 4h support at 10.1k seems to be broken as of this moment - which means that price is likely headed lower.
I'd take a short position at 10050 area and manage risk based on a 4h candle closing above 10.1k.
The chart pattern is arguably a descending triangle, It does not look like a symmetrical triangle to me.
Descending triangle are bearish chart pattern.
I'd take a short position at 10050 area and manage risk based on a 4h candle closing above 10.1k.
The chart pattern is arguably a descending triangle, It does not look like a symmetrical triangle to me.
Descending triangle are bearish chart pattern.
Catatan
This S/R level is more like a range and not a precise number. Till the daily closes above 10.3k i'll be bearish.
Trading ditutup secara manual
Took a loss and exited the trade for now. But if it goes below 10.2k again im shorting.
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