There is really not much else to say about this chart. My ultimate target for what still appears to be a downside correction of BTC is still in H4 demand.
We now have a new H4 supply which is of course indicative of the strength of the bears presently. We have a break and retest of an H4 bearish continuation pattern and a diagonal resistance trendline continues to be respected as price steadily falls. All the confluence we need really.
I will personally continue to sell BTC - for now anyway.
We now have a new H4 supply which is of course indicative of the strength of the bears presently. We have a break and retest of an H4 bearish continuation pattern and a diagonal resistance trendline continues to be respected as price steadily falls. All the confluence we need really.
I will personally continue to sell BTC - for now anyway.