BTC -D1/H4 - WATCH MID BOLLINGER BAND AS LEADING INDICATOR !

アップデート済

D1 : Strong upside move towards an intraday high of 52652 seen yesterday with a closing
level slightly above MBB.
Today's price action is currently below the psychological level of 50000.
Once again, today's closing will be important for the coming session (s)

H4 : Failure to hold above the clouds resistance, triggered a new selling pressure, pushing the BTC
down again, towards, so far, the middle of the clouds, which is also MBB on this time frame !
Therefore, MBB (@ 49000) should be seen as the first support ahead of KS (@ 47836) and slightly
lower, the clouds bottom zone
Global picture in H4 could be resume as follow :
UPSIDE PIVOT ZONE : 50000 - 52650
DOWNSIDE PIVOT ZONE : 45300 - 43000

Watch carefully H1 and M15 for intermediate clues

ノート

D1 : Bearish engulfing pattern in progress and watch KS support @ 47883 ! Wait D1 closing, later on for confirmation !

H4 : Ongoing expected bearish price action occurred over the last couple of hours, switching from an uptrend channel, with a failure to breakout the clouds resistance area, to a downtrend channel !
Watch KS @ 47836, ahead of clouds area support.
A breakout of the clouds support zone would put the focus on the expected downside pivot zone mentioned this morning (45300 - 43000)
On the upside, first resistance lo look at is the upside line of the downtrend channel ahead of MBB currently @ 49335