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BTCUSD ON 4 HOUR TIME FRAME
Bitcoin
Long
BTCUSD ON 4 HOUR TIME FRAME
By NJONGO_1
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Sep 8, 2018
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Sep 8, 2018
BTCUSD has a common repetition at $6000 and $6500 with $5800 being the major support.
on this 4 hour chart we have a downtrend resistance and an uptrend support.
horizontal support at $6300 and resistance at $6600.
if the pair respects the trendlines we could see two Buy positions at $6600 but should we break I would wait for $6000 before looking for anything .
my analysis is as follows
Beyond Technical Analysis
Chart Patterns
Trend Analysis
NJONGO_1
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