This is only a strategic view. For personal record keeping and strategic view.
The picture is self-explanatory.
I am posting this as strategic because it is a part of my larger collection of BTC pictures.
This is a 4H chart. I will not comment the indicators, the price action itself is more than enough.
From my experience, it would be silly to expect a breakthrough to the upside. Price action does not work in such a way. There are too many negative evidence on this chart. I highly doubt it will be a steep drop. The main point is, the bears are taking control again.
This is only part 3 of my series of BTC strategic. Parts 4 and maybe even 5, coming up shortly.
The picture is self-explanatory.
I am posting this as strategic because it is a part of my larger collection of BTC pictures.
This is a 4H chart. I will not comment the indicators, the price action itself is more than enough.
From my experience, it would be silly to expect a breakthrough to the upside. Price action does not work in such a way. There are too many negative evidence on this chart. I highly doubt it will be a steep drop. The main point is, the bears are taking control again.
This is only part 3 of my series of BTC strategic. Parts 4 and maybe even 5, coming up shortly.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.