The higher time frames gives a clearer picture than the lower time frame price action that has been jumping from pattern to pattern during the day.
We can see that BTC has touched the 4H 200 ema and two long term trendlines. A break under these trendlines and ema is ultra bearish and will mark a reversal of trend downward.
We can see that BTC has touched the 4H 200 ema and two long term trendlines. A break under these trendlines and ema is ultra bearish and will mark a reversal of trend downward.
