So a little update right away.
BTC did break support BUT the 4hr candle made a huge retrace just like it did on the 22nd of august (yes that time it touched support) and was able to close above the support line. the next 4hr candle is under support atm but support proved very strong and i think we just go up again from here. Maybe we just have to adjust the support line slighty but i think we are back on track. I personally opened a short a bit to early around $4250 but am almost in the green again with that already. Lets go to $6000!!!
Note
i just saw this videoyoutube.com/watch?v=v1t28r2tWN0
We could have another leg down.. lets see what happens!
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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.