I have had some time to reflect on my charting and I think I have made some good changes. Here's how I see it...
- 4 hr 20 SMA & 200 SMA DEATH CROSS - We are currently under the 4hr Ichi cloud - No Stoch convergences to be found (4hr) - Currently, holding for dear life on 0.382, but I doubt it will hold - RSI 4hr is oversold -MacD (4hr) is bearish
CONCLUSION: BTC looks quite bearish to me a the moment. Unless we hold, I suspect we will go to 0.886 of Fib extension.
-------------- ...Feedback on how I can improve my charting is highly appreciated! Thanks!
can you Follow Me?
I hope we can have more communication in the future.