TheChartGuys

BTC Low of Consolidation Test

COINBASE:BTCUSD   比特幣
BTC currently in a clear 4 hour downtrend, and I am continuing to either wait for 4 hour oversold conditions, or a change in trend on this time frame before I make an entry.

Daily consolidation still underway with the pattern of a lower high every day.
Daily EMA12 support being tested again this morning.
It would require a break down to the upper $10,000s to see 4 hour RSI hit oversold today.
Daily consolidation remains healthy, it would require a bear volume spike and notable drop under daily EMA support to change that.

Checkout our full trading resources online www.chartguys.com

Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。