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4-Hour Bitcoin Chart Analysis: 8pm/ET - 7/16/19

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First published at 02:32 UTC on July 17th, 2019.

CrazyGabey

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Price closes below the 50 EMA on the 1-day chart for the first time in five months.

Let’s take a look at the 4H Bitcoin chart!

DISCLAIMER: This is not financial advice. I’ve spent the last 18 months studying trading after never having made a trade…

Price closes below the 50 EMA on the 1-day chart for the first time in five months.

Let’s take a look at the 4H Bitcoin chart!

DISCLAIMER: This is not financial advice. I’ve spent the last 18 months studying trading after never having made a trade in my life. I thought it might be fun to share my thoughts as I continue to learn and progress. Much appreciation to Tone Vays, Tyler Jenks, and Sawcruhteez for being willing to share what they’ve learned over their many years of trading.

Below are the indicators and other trading strategies that I use. Click the links to learn about them.

Consensio (Moving Average Crossovers): https://www.tradingview.com/chart/BTCUSD/HylOC4q9-Comprehensive-Trading-Strategy-Consensio/

Candlesticks, Chart Patterns, & TD Sequential: https://tonevays.com/learntrading

Heikin-Ashi Candlesticks: https://school.stockcharts.com/doku.php?id=chart_analysis:heikin_ashi

Parabolic SAR: https://school.stockcharts.com/doku.php?id=technical_indicators:parabolic_sar

RSI: https://school.stockcharts.com/doku.php?id=technical_indicators:relative_strength_index_rsi

ADX: https://school.stockcharts.com/doku.php?id=technical_indicators:average_directional_index_adx

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