BTC - Quick Update: Long Walk off a Short Pier?
Things aren't looking good on the BTCUSDT 4H 1D and 1H charts.
Below major EMA's currently on 1H and 4H charts. Still room to fall on 1D.
We saw a bounce get rejected out of oversold on 4h Stoch and back to a bear cross. 1h stoch in freefall and not oversold. 1D just turned into what looks like an incoming free-fall in the middle of the channel.
MACD bearish on 4h shrinking divergence on 1d in the bull direction.
Clear head and shoulders formed.
If this keeps up we'll be dipping down the next support zone marked in purple.
Not financial advice. Be safe out there my peoples.
Also, how's everyone liking the new gradient backgrounds? I kind of like them :)
Below major EMA's currently on 1H and 4H charts. Still room to fall on 1D.
We saw a bounce get rejected out of oversold on 4h Stoch and back to a bear cross. 1h stoch in freefall and not oversold. 1D just turned into what looks like an incoming free-fall in the middle of the channel.
MACD bearish on 4h shrinking divergence on 1d in the bull direction.
Clear head and shoulders formed.
If this keeps up we'll be dipping down the next support zone marked in purple.
Not financial advice. Be safe out there my peoples.
Also, how's everyone liking the new gradient backgrounds? I kind of like them :)
Come hang out with me on telegram, it's free and I won't be too mean too mean to you:
t.me/KadnimCrypto
t.me/KadnimCrypto
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