Bitcoin Still Bullish on 4hr Chart
The price of Bitcoin has recovered somewhat after the sell off from $10,800. It has found support around $9,860 and formed a nice rounded bottom.
The SFP candle was my entry (cyan candle) and have been managing this trade. Stops have been moved to the red line.
Expecting a reaction off the green zone to continue the bullish momentum. A breach of this and close below would likely result in a lower low on the 4 hour.
The SFP candle was my entry (cyan candle) and have been managing this trade. Stops have been moved to the red line.
Expecting a reaction off the green zone to continue the bullish momentum. A breach of this and close below would likely result in a lower low on the 4 hour.
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