The Chart to Watch for BTC

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Until the 4-hour SMA(20) is broken convincingly to the upside on the 4-hour chart, we're still headed down.

But once is breaks up, look out! The rebound could give you whiplash!

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ملاحظة

Trend still remains down. Small bounces, but nothing to invalidate the 4-hour SMA(20) as resistance.

٢٥ مايو ٢٠٢١

ملاحظة

The dangerous channel has been invalidated. Now will we move sideways or reverse into an uptrend?