A possible short term price action idea to trade both ways.
Both long and short positions need further confirmation within time.
Both long and short positions need further confirmation within time.
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I meant daily bearish div.
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The bearish trendline could deny the upper 4 hour chart movement.
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flag bottom brokedown, long will be handled like a range trade now
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still kind of weak price action but we went above break even SL for the long position
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4 hour reversal is still in play even with the weak 15m price action
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The 50 and 100 SMA turn to green shows possible upcoming strength on the 15m chart
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Momentum is mostly negative atm and Chopiness is pretty high. Means another retest to the range bottom 58250 is possible. No speculation about a possible break down yet.
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Well there was it even lower. In wyckoff model it could work as spring for an uptrend but it lacks confirmation on higher timeframes.
November was always a red month the last few years for Bitcoin, this is something to keep in mind too.
November was always a red month the last few years for Bitcoin, this is something to keep in mind too.
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Short side targets
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