On the 4 hour time frame, the Risological indicator has given us a Short trade and Iam already sitting on a open P&L of 82% at the time of this post. (@25x Leverage)
$BTC #bitcoin is currently in a pull-back zone in a long term bullish trend.
So, technically this is a #sideway zone, AKA No Trade Zone!
Critical zone: If BTC breaks $92,000 then we will see lower targets which I will update once Bitcoin breaks down the $92,000 level and closes below that on the 4 Hour time frame.
$BOME 80% done using 10x Leverage. This chart shows 15 min chart. #BOME looks bullish on higher time frame as well. Iam in a long position in 4h time frame.
You can see from the screenshot, from the time of this post, we still have 42 minutes to the current candle close for a confirmed Bullish sign in the 4 hour time frame.
$BTC So, #Bitcoin finally moving up? This is on the 4 hour time frame. I dont want to start celebrating here till the daily time frame confirms the move.
According to the Risological Ultimate Supertrend indicator:
- On the 4 Hr time frame, BTC is in Bearish trend - We also have a second confirmation of "SELL" signal - Bullish reversal is at $98,000 and above, only if BTC closes above the $98k mark on the 4h candle close. - Be ready for sudden volatility anytime from now