đ Daily Bitcoin chart review đ
#Bitcoin dip to 1H bullish breaker generated some volume, but I can't call it satisfying enough to push price higher. It seems that short term we may expect price to dip lower to 27480 and most probably continue towards 4H 987EMA around ~27180.
Overall $BTC trend is still upwards, but short term risk reward favors short trade. At the same time Friday pump wick attract price for revisit same way as Friday lower wick. Very wide range which makes it hard to setup any swing entry.
Today is National Holiday in the US: Columbus Day - expect a weak action as if it's still Sunday.
Main levels to watch PA:
đž 28830 - July low
đž 28200 - Q3 VWAP
đž 27480 - September high
đž 27180 - EMA987 4H
đž 26950 - October open
#BTC 4H EMAs:
đŒ 55 at 27574
đŒ 233 at 27070
đŒ 987 at 27176
#Bitcoin dip to 1H bullish breaker generated some volume, but I can't call it satisfying enough to push price higher. It seems that short term we may expect price to dip lower to 27480 and most probably continue towards 4H 987EMA around ~27180.
Overall $BTC trend is still upwards, but short term risk reward favors short trade. At the same time Friday pump wick attract price for revisit same way as Friday lower wick. Very wide range which makes it hard to setup any swing entry.
Today is National Holiday in the US: Columbus Day - expect a weak action as if it's still Sunday.
Main levels to watch PA:
đž 28830 - July low
đž 28200 - Q3 VWAP
đž 27480 - September high
đž 27180 - EMA987 4H
đž 26950 - October open
#BTC 4H EMAs:
đŒ 55 at 27574
đŒ 233 at 27070
đŒ 987 at 27176
