Bitcoin
Short
Updated

BTCUSD MA50 & MA100 ALERT

375
1D CHART
IF MA50 cross MA100 = bearish

***Do not trade with my TA, It's not a recommendation to buy or sell.***
Note
I'm still bearish.

snapshot

On 4h chart, inverse head and shoulders pattern but :

- Low volume, market indecision.
- Currently testing to breakout neckline 8.8/9k for 2nd time
- We need a strong bounce to break the resistance line.

If fail, we fall to support zone.
A good news incoming to save us ?
Note
On 4H chart

My previous TA with inverse head and shoulders pattern was good, price breakout the neckline at ~9k$. It's a good bullish signal.

BTCUSD Inverse Head and Shoulders
Note
On 4h chart, next step

snapshot

Major resistance :

- Around 10k2 (MA200)
- Around 12k4 (old support / resistance)

Support zone :

- Around 9k (old neckline)

***Do not trade with my TA, It's not a recommendation to buy or sell.***
Trade closed manually

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