Short term BTC 4h chart

2018年5月29日

I have changed this chart from neutral to short. Imo this chart looks like the downside is slightly more likely. One reason I have this bias is that even if we bounce on the bottom of the big blue triangle the chart have some maybe strong resistance by a confluence area (purple descending channel, 50w MA and bottom of green long term channel) around June 2. at 75-7600.

2018年5月29日

註釋

Resistance area around 7600 also aligns with 61.81% Fibonacci retracement level (from ATH) just above 7600.