cerealpatterns

the last time this chart pattern happened we consolidated

BITSTAMP:BTCUSD   Bitcoin
the 4hr picture on qqe and sss is short. the last time this happened we had to revisit some area of supply/movingaverage in order to continue. theres nothing saying the dollar cant squeeze and bitcoin experience a little snapback to recent lows, and i would be cautious entering long here hoping to bump higher on the weekly. the picot price ive marked out here in the middle is critical, and i would look to target upper horizontals if we can hold that level, and the lower horizontals if we start resisting there.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.