BTCUSD BULLISH ASF Daily 5/11/22

Now pay close attention, did you catch it? It's not that difficult to see. Look closer.
We're right at the breaking point. On the edge, so is it time? Oh it's time!

Previous Analysis:

Daily

1 Hour

15 Minute

So the 1 Hour is right near an inflection point, either it will breakout here and do some serious bearish action; or it'll reverse.

The problem with the reversal on the 1 hour is the 15 minute looks like its ready to dump some more, meaning price will push over the edge of the 1 hour and the reversal zone on the daily will break and push to significantly lower lows.

There maybe another buying opportunity coming this month, but this one might be a selling opportunity provided the 15 minute continues to breakdown and release the 1 hour.


This is not financial advice.

Good Luck.

Kommentera:

1 Hour

consolidating, looking for next move.

Kommentera:

1 hour is trying for a bullish reversal but is still in the rotation zone and could start another leg down.

Kommentera:

1 hour back in bearish territory

Kommentera:

At the top of the 1 hour channel we hit resistance and then on the 15 minute...

Kommentera:

Had a momentum shift
15min:

At a crucial spot on the 4 hour rotation zone.
4 hour

Kommentera:

Also if it has taken you this long, the chart is inverted and its actually bearish as fk

Kommentera:

This has consolidated a while, but it looks like its ready to tumble back down; lots of sideways action the past 2 weeks but we're finally back at the breaking point

Kommentera:

1 hour: