Decline to support on 4hr chart after get rejected from top bolinger.
On smaller time frame some gapping up buy 62600
This is fifth time when bitcoin declining in to support on 4hr chart and with each time support getting weaker.
Usually first 3time is most potent ones. This is fifth one and use this decline with this in mind, that support is much weaker than before.
Below this 4hr is daily support, the first decline to those levels will be meet with a lot of buyers.
Price now in the top 25% of green support on 4hr chart and most likely it will test bottom 25% around 61000, signals coming now will don’t have same power as signal in the bottom 25%
On smaller time frame some gapping up buy 62600
This is fifth time when bitcoin declining in to support on 4hr chart and with each time support getting weaker.
Usually first 3time is most potent ones. This is fifth one and use this decline with this in mind, that support is much weaker than before.
Below this 4hr is daily support, the first decline to those levels will be meet with a lot of buyers.
Price now in the top 25% of green support on 4hr chart and most likely it will test bottom 25% around 61000, signals coming now will don’t have same power as signal in the bottom 25%
