COINBASE:BTCUSD   Bitcoin / U.S. Dollar

BTC price breaking out of bottom of cloud on 4H plot. Testing 200 EMA support after forming downward channel / pennant .

Key values for 4H 200 EMA , 1D Kijun, and Fib retracements from recent ATH are listed in text box.

Though I expect the price to fall to around 5500, I also have bids down to mid 4000's in case price dips into the kumo on the 1D plot.
I also have a contingency bid above the channel to catch any significant unexpected uptrend above the channel.


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