The current 4 Hour Situation Bitcoin BTC/USDT

The Volume for this Breakout was high, but there is still the possibility for a FAKEOUT.

The BollingerBands getting tighter, this shows a HIGHER Chance for a big Move in one direction.

We should wait now for a confirmation.


--Dont let the FOMO control your Trading now.--



Above is the SMA20 on the Daily Chart , this is why there was a rejection on the H4 Chart.


Remember:
This was NO Breakout from a Pattern, it was only a Upper Channel Line, there is still the possibilty for a building Pattern

ความคิดเห็น:

Bullish Breakout confirmed