Ironman8848

BTC - H4 - TRADING IN THE ZONE - LAST CLOSING BELOW MBB !

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BITSTAMP:BTCUSD   比特币
H4 : Last candle closed below the MBB level @ 46705 which is a negative signal on this time frame.
In addition, the 46373-44380 looks very fragile and therefore we may see a downside acceleration
in this trading range.
Important to note that the lower band of this range coincides with the top of the clouds zone support.
Watch M5, M15 and H1 H1 to check validation or invalidation of the above expressed scenario !
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