Bitcoin, using 1 hour chart to test 4 hour theory
Pretty simple here too. Just using one hour chart to check on 4 hour $44k rejected theory (link below).
I do think BTC will seek to meet the 200 DEMA, not sure if it is coming up faster or BTC is going down faster.
Although the hour is starting to look bearish and the strongest hour of volume during the last four is a sell hour, it looks pretty neutral at the top here.
Let's see how this hour wraps.
I do think BTC will seek to meet the 200 DEMA, not sure if it is coming up faster or BTC is going down faster.
Although the hour is starting to look bearish and the strongest hour of volume during the last four is a sell hour, it looks pretty neutral at the top here.
Let's see how this hour wraps.
Comment:
neutral for too long, I will close shorts and look for a higher spot
