elitealpha

Bitcoin BTC 4 Hr Update

Long
COINBASE:BTCUSD   Bitcoin
Bitcoin is holding above $7 again
Still above the BB yet below the cloud

Watch for:
Break of either S/R
A little bit above the .618 Fib
OBV is fairly low

Overall:
I need to see BTC below $6750 for a more of a bear trend or above $8500 for a bull trend
Avoid pulling the buy or trigger too soon until we get more confirmation
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.