Looking in the following four hour chart, men, what we could see is we have the waves that are yellowish. A diverging implies that they are making a higher non, and that's showing us who the bearish momentum is still slowing down. But, we didn't develop less low in the cost, so that would perhaps not support that a divergence. It is only showing us we now have.
A gradual ramble directly here in the yellowish wave together with in the price strength lineup. Alright, so perhaps we can encounter now to 8-4 fifty and also the tendency line around for a few months and we all receive the rejection and withdrawal within two eighty one 15 by which case we could see a more balance out of anyone 50 and this can be when we still don't figure out how to get above the four-hour trend lineup, fresh ways with respect to weekly could sit.
Nothing. Absolutely nothing really shifted . We're still over the per week trend line. And that I guess what will be critical here is just a month-to-month near January. So we will close at per week, at per few times or so, however unquestionably crucial that you see where we could shut January anyways, how it stands right now, dependent on the four-hour chart onto Bitcoin, uh, we did two profits at 8,500, uh, on the trade, which we have needed in the category.
Right now it will not look just like the purchase price want in the future and decide to try and break the four-hour fad lineup, and that I believe that it will not do, and we will maybe come down and examine eighty 81 15 and we'll probably receive a bounce from that point. But if we actually do manage to divide the four hour trendline and we may start seeing a continuation in the up side , although I am not thinking that this is going to occur all through the weekend, some times it really does with Bit-coin, you can't know.
Oh. Thus we will have to view. Studying the theorial. Studying a tearoom men, we'd needed a bullish divergence directly here with the phantom division, using yellow waves, also the cost. Uh, we had the yellowish wave diverging, dividing the zero line value, which makes a lower low, verifying that a divergence and price tag travelled upward in one 54 all up the way to a 6 4.
Uh, neglected to break the opposition line , return down to a 5 7. At this time we are treating a lone sixty and also we did not manage to live much, either already trend lineup. You're able to view right here. Once we broke one, our fashion line became back tested since support awakened back. U M, and then, uh, we broke it, missing the service level also it has been behaving as immunity.