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CryptoScripts
Dec 11, 2022 9:56 PM

Bitcoin Rejecting at Resistance! Will it Crash? 做空

Bitcoin / TetherUSBinance

描述

The 4h chart for BTC is still playing out perfectly. You can see it rejected on the 200 EMA (pink line) and recently rejected at the horizontal resistance of $17,167.

I'm expecting Bitcoin to at LEAST retest the bottom of our upwards channel at $17,000 and possibly falling to $16,736 (with a dip lower to form a bullish divergence) then bounce to retest the $17,167 resistance.

If Bitcoin breaks above the 200 EMA, I'm FULLY expecting us to test the next MAJOR resistance of $17,640.

If you enjoyed my TA or have any questions on the indicators used, please leave a comment below or send me a PM :)
评论
MarsSignals
nice idea to grab
CryptoScripts
@MarsSignals, Appreciate it!
Solldy
Beautiful chart, my friend! This idea should definitely work, I'm sure)
CryptoScripts
@Solldy, Thanks Solldy! Looks good so far!
SwallowPremium
We think you are right! Keep it up!
CryptoScripts
@SwallowPremium, Thanks, will do!
Lingrid
Nice chart!
CryptoScripts
@Lingrid, Thanks Lingrid! I try to provide the best TA possible to make it easy for everyone to understand :)
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