Bitcoin / TetherUS
Short

Hanging Man candlestick in 4 hour time frame.

208
Hello all,

We can see a hanging man candle in 4-hour time frame. It is a sign of reversal. As this is a red candle price might drop up till 27000.

it is a 4-hour chart so it might take some time.

It is also possible that price might reach 29k and than back to 27k because in smaller timeframes price may rise however overall it seems bearish.

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.