firebun

Incoming H&S? Bitcoin 4H

Short
firebun Updated   
BITMEX:XBTUSD.P   Bitcoin
Chart
Comment:
1D chart: Bearish
Can close as high as $17,600 and we're still bearish on the daily. Looking for 4 more days to the downside.

4H chart: Bullish
Lagging span broke the cloud. Strong edge-to-edge trade. Found strong support on the 200MA.

Looking for 4 more bars to the upside with a likely reversal at $17,600 to align with the daily chart.

1H chart: Bullish
Lagging span broke price, senkan cross forming. Broke through the 50MA.

Looking for 3 more hours to the upside then sideways action to align with the 4H and daily.
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