chxdd

1 Hour Ichi looking Bearish as F*

chxdd Updated   
BITFINEX:BTCUSD   Bitcoin
So we fell back below the Kumo on the 1HR, got a weak TK cross and a rejection. We're now back into the turbulence on weak volume. BB looking weak with %B unable to cross over 0.5 and MACD trying to cross back above 0 but just managing to flat-line. Looks like more drop for the short-term, probably bounce off of 655 again if we don't get above the Kumo. Long-term is obviously still bullish. Going to get away from charts and continue my 4th of July now.
Comment:
655 bounce completed. Back in the Kumo... Volume is depressing.

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.