Bitcoin - 1h Short BTCUSD

18 июн. 2019 г.

Here we can see that bitcoin broke under multiple support lines. The price fell under the EMA 50, which may serve as future resistance. (blue line) If the price falls under the channel support, then a price drop equal to the height of the channel could occur.

This would be the $8470 - $8420 area.

18 июн. 2019 г.

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There is some hidden bullish divergence that could suggest otherwise, however.

18 июн. 2019 г.

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Also keep an eye out on the falling wedge, and small resistance line.

18 июн. 2019 г.

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A bull and bear scenario...

18 июн. 2019 г.

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Some hidden bearish divergence on the 15m (obviously would be more significant on a longer time scale)

18 июн. 2019 г.

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New downward channel. Testing support again...

18 июн. 2019 г.

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*From a wider perspective* Check out this major support/resistance line on the daily...

18 июн. 2019 г.

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Bulls would love this

19 июн. 2019 г.

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Wheres the volume though?

21 июн. 2019 г.

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Welp! Swing and a miss. It happens! Feel free to check out my longterm take for Bitcoin on the weekly here: