Bitcoin
Short
Updated

BTC weekly will close red

1 036
Nine hours left and a completed HnS is playing out. Target is 30K which will complete a bigger HnS with a target of 17k. If price drops to 30k in the next 9 hours, it will form a bearish engulfing weekly candle.

If you suffering from disbelief, attacking me will not change the price action. Please keep the comments limited to technical analysis.
Note
testing previous support.
snapshot
Note
1H 200 ema acting as resistance, it was support for the whole run from 10k. Weekly VWAP should pull price down

snapshot
Note
Weekly closed red and below the 1H 200 ema for the first time since the run from 10k

snapshot
Note
HnS still in play. Price deviated above the trendline before daily close.

snapshot
Note
Tricky market makers prolonged BTC's bullishness.

snapshot

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.