JoeCryptou

BITCOIN - 4h breakdown Update to Weekly Outlook 20/02/24'

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INDEX:BTCUSD   ビットコイン/米ドル
Hello everyone,
just a quick update to Yesterday Weekly outlook..

4h Idea Breakdown chart:

Reasons WHY Short in next 0 to 48 hours:
1 - is Lower Close then 2
2 - is Highier Close then 3, BUT it have Lower Candle High
3 - have Lower Close then 2 and Last Green Candle,
BUT in the same time have Highier Candle High

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These are Reasons WHY I believe we are about to Short in next 0-36(48) hours at least
& WHY I was yesterday slightly more bearish then bullish, but since it developed as it did, it gave me more confirmation and confidence that we are about to go Lower (Short market).

Aswell, if you decide to take a trade, DONT FORGET TO USE STOP LOSS, for your own good.

Hopefully, this helps some of you with your perception of market.
If YES, please consider liking or sharing this post, it would mean a lot for me. Thanks

Joe


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