Spotted something interesting on Bitcoin's 4-hour chart. We're seeing what looks like a swing failure pattern developing, coupled with a pretty unconvincing higher high. The momentum behind this move up feels sketchy at best. Classic signs that bulls might be running out of steam here. Worth keeping an eye on whether this plays out as a reversal setup.
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NoStopLossNut
· 8h ago
Well... This wave of rise is indeed false, and the reversal warning is indeed false
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TokenRationEater
· 8h ago
It looks like it's going to be reversed, and I feel that this wave of rise is not strong
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AirdropHermit
· 8h ago
Really, another swing failure? Every time I say this, and then the coin still flies up
Spotted something interesting on Bitcoin's 4-hour chart. We're seeing what looks like a swing failure pattern developing, coupled with a pretty unconvincing higher high. The momentum behind this move up feels sketchy at best. Classic signs that bulls might be running out of steam here. Worth keeping an eye on whether this plays out as a reversal setup.