š³ $BTW 4-hour death cross. Letās look at it from a position-holderās perspective:
The bullish momentum histogram lasted for 10 four-hour candles, meaning buyers had been in controlābut now those chasing the rally are starting to lose momentum. After the rise, many positions are sitting on unrealized gains, so watch whether large holders use the rebound to trim their positions.
Which point concerns you more?
The bullish momentum histogram lasted for 10 four-hour candles, meaning buyers had been in controlābut now those chasing the rally are starting to lose momentum. After the rise, many positions are sitting on unrealized gains, so watch whether large holders use the rebound to trim their positions.
Which point concerns you more?