Get started
WaineNZeddmo

BTCUSD 4H CHART BITCOIN MARKET CONDITIONS

Bitcoin (BITFINEX:BTCUSD)  
WaineNZeddmo Updated   
BITFINEX:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators BTCUSD 4h chart market conditions
4
0
trendanalysis chartpattern indicator btcusd 4h chart market conditions
Strogn downtrend can be seen on the BTCUSD pair.

As the pattern developes, we can see a double bottom or H&S.

Entry/Exit levels are suggested for both scenarios.

ADX in range, with +/-DI crossing.

There is no long/short suggestion at the time. Just keep watching the market.

WNZ
Get live updates and analysis of the cryptocurrency market: t.me/ZeddmoTrading
Comment:
We have a nice break from downtrend. Now it is time to defeat resistance line over 4100 to go long with decreased risk
Comment:
We are looking right now for a double bottom pattern. Time to analyze altcoins
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.