Observing to BTCUSD on the H4 timeframe, it can be seen that this crypto is moving sideways between level 23.6 and level 38.2 Fibo since yesterday. Refers to the ichimoku indicator where this crypto is still experiencing a bearish trend which is also reinforced by the bulls power indicator which seems to be weakening. Based on this, go-short positions can be an option, especially if this crypto drops through the 23.6 Fibo level towards the 0.0 Fibo level. but still have to pay attention to the possibility of a trend reversal.
#forexlifestyle #intraday #money #cryptocurrency #finance #forexsignals #daytrading #wallstreet #forextrader #investing #forexanalysis #forextrading #stocks #business #daytrader #crypto #forexeducation #trader #trading #intradaytrading #financialfreedom #forex #bitcoin #priceaction #swingtrading #stockmarket #investment #pips #technicalanalysis
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.