BTC Failed 4hr EMA Ribbon Flip

22 de jan. de 2022

If BTC repeats itself from the last time the ema ribbon on the 4hr couldn't flip bullish, we can expect a deeper cut. This price target would also coincide with the head and shoulders pattern I posted about in Decemberhttps://www.tradingview.com/chart/BTCUSD/lKDGGrtS-BTC-Scary-Scenario-Last-chance-for-the-bulls/ I closed my long positions as candles closed below the ribbon, luckily before things got ugly https://www.tradingview.com/x/vnYelSsuhttps://www.tradingview.com/x/sPW1Xege/ Zooming out, this looks like the last chance for the bulls before things get worse https://www.tradingview.com/x/6EtXCgRM/