BTCUSD 6/4/2021
Updated
Note: NOT A FINANCIAL ADVICE TO BUY/LONG OR SELL/SHORT
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I'm still on fiat.
Shorting if there is opportunity on BTC and ALTs.
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Technical Analysis
I'm still bullish on Bitcoin on the Monthly Timeframe but bearish on Weekly, Daily and Smaller Timeframes. ABC Correction on Wave 4 is not yet over. There is no signs of forming impulsive upside wave counts on the smaller timeframe. I think more downside to come (If $ 29,300.00 is broken) or more consolidation above $ 29,300.00. In 4 HR, a bearish triangle is forming. Other Explanation is on the chart itself.
1M
1W
1D
4HR & 1HR
____________
Note: NOT A FINANCIAL ADVICE TO BUY/LONG OR SELL/SHORT
________
I'm still on fiat.
Shorting if there is opportunity on BTC and ALTs.
________
Technical Analysis
I'm still bullish on Bitcoin on the Monthly Timeframe but bearish on Weekly, Daily and Smaller Timeframes. ABC Correction on Wave 4 is not yet over. There is no signs of forming impulsive upside wave counts on the smaller timeframe. I think more downside to come (If $ 29,300.00 is broken) or more consolidation above $ 29,300.00. In 4 HR, a bearish triangle is forming. Other Explanation is on the chart itself.
1M
1W
1D
4HR & 1HR
____________
Note: NOT A FINANCIAL ADVICE TO BUY/LONG OR SELL/SHORT
Note
1D4HR
1HR
Related TAs:
Note
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