Bitcoin bearish cross

Bitcoin bearish cross on the 4-hour chart piRSI indicator. I'm publishing this as short based on probability, of course anything can happen up, down or sideways today. However, it is important to realize $17k area can be retested in the days and weeks ahead. Plus, obviously Fibonacci moving averages SMA55, SMA89, SMA144 & SMA233 had a bearish cross on June 12th but that's more of a lagging indicator. Here's levels on the TTC triangular trend channel indicator:

breakout = 24,009
R3 = 23,182
R2 = 22,354
R1 = 21,526
pivot = 20,698
S1 = 19,870
S2 = 19,042
S3 = 18,214
breakdown = 17,386

Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...

*3x lucky 7s of trading*

7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet

7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst's motives
Emotions & Opinions
FOMO : bad timing, the market is ruthless, be shrewd
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation

7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big, organized desk
Reading books, playing chess
Sorted watch-list

Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
AlertiT - notification
tickerTracker - MFI Oscillator
www.tradingview.com/u/growerik/

コメント:

BTC Update 4hr chart:

コメント:

BTC 15 minute chart showing a probable bounce the next 2hrs:

コメント:

Bitcoin could possibly hit $27k