TradingView
TheChartGuys
Feb 4, 2019 12:25 PM

BTC Daily Break Imminent  

Bitcoin / United States DollarCoinbase

Description

BTC is still in a weak bounce pattern, with daily EMA resistance.
We have tests of our limited support incoming, as the bears continue to keep full control as long as daily EMA levels are resistance.
We had a bull break on the 4 hour chart 2 days ago that had 0 follow through, and ended up breaking 4H supports.
Names like LTC, TRX, BNB are trading in a more bullish environment, and should thrive if BTC can shake the daily downtrend. But until then, bulls are quicker to take profit, and bears remain in positions.
Watch for a volume spike on the daily as this will probably occur when this daily range from the last 6 days breaks.
Comments
Boon2
BTCUSD H4 Correction up. Checkout the idea detail's and all the update's for the complete picture.

BTCUSD D1 Long Term EW Analysis. Checkout the idea detail's and all the update's for the complete picture.
BigBuxTrading
@Boon2, seriously... stop filling up every single person’s idea posts with your 2 old charts... now you’ve become a nuisance and no one gives a shit about these 2 charts anymore...
Boon2
@sdubyag, Thats your opinion and I don't give a dame about your opinion so get used of it!
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