Hi everyone
BTC 4H seems to go for correction at this point maybe after some consolidation hours. but I still remain bullish as far as the price remain upon the blue trend line. but if the price close down my line I consider it bearish.
on the weekly time frame we are still in bearish side but as you can see on klinger OSC. it is moveing upward that we may lead to 50 EMA in next 2 weeks.
in daily time frame the price cross and closed up our 50EMA signs more bull. and it could lead us to 200EMA
so as far as the price hold on our daily 50EMA or up to my blue trend line. I remain bullish but it could be wise to set stop. stay safe
Enjoy the market
BTC 4H seems to go for correction at this point maybe after some consolidation hours. but I still remain bullish as far as the price remain upon the blue trend line. but if the price close down my line I consider it bearish.
on the weekly time frame we are still in bearish side but as you can see on klinger OSC. it is moveing upward that we may lead to 50 EMA in next 2 weeks.
in daily time frame the price cross and closed up our 50EMA signs more bull. and it could lead us to 200EMA
so as far as the price hold on our daily 50EMA or up to my blue trend line. I remain bullish but it could be wise to set stop. stay safe
Enjoy the market
