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Ironman8848
Feb 22, 2021 12:11 PM

BTC - H4 - WARNING LAST CLOSING AT THE LEVEL OF KS SUPPORT ! 

Bitcoin / U.S. dollarBitstamp

Description

H4 : Last long black candle with an intraH4 low @ 53461 triggered a closing which
coincided with a breakout of both Tenkan-Sen and Mid Bollinger Band !!
In addition the closing level coincided also with the level of the Kijun.Sen.
Moreover, technical indicators are all still calling for further downside,
Watch carefully H1, M15 and M5 which will validate or invalidate the ongoing bearish
price action.
Have a nice afternoon trading session.
All the best and do not forget to like my post and add Ironman8848 to your following list... :-)
Comments
DrStein
Trust the cloud (and the bands...) ! Thank you for your analysis.
Dave-FX-Hunter
Your analysis is great, thank you
Ironman8848
@Dave-FX-Hunter, with pleasure. All the best my friend
rb675
Thanks
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