Bitcoin - 1h Short BTCUSD
アップデート済
Here we can see that bitcoin broke under multiple support lines. The price fell under the EMA 50, which may serve as future resistance. (blue line) If the price falls under the channel support, then a price drop equal to the height of the channel could occur.
This would be the $8470 - $8420 area.
This would be the $8470 - $8420 area.
ノート
There is some hidden bullish divergence that could suggest otherwise, however.ノート
Also keep an eye out on the falling wedge, and small resistance line. ノート
A bull and bear scenario... ノート
Some hidden bearish divergence on the 15m (obviously would be more significant on a longer time scale) ノート
New downward channel. Testing support again... ノート
*From a wider perspective* Check out this major support/resistance line on the daily...ノート
Bulls would love thisノート
Wheres the volume though?ノート
Welp! Swing and a miss. It happens! Feel free to check out my longterm take for Bitcoin on the weekly here: 
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