Once this signal appears, you can ambush short positions
Since the rise began on November 15, BTC's four-hour lifeline has retreated four times. The first three times, the closing price was above the lifeline, and then set a new high.
Yesterday (the fourth time) when it retreated to the four-hour lifeline, it fell below the four-hour lifeline for the first time. Although it is now above the four-hour lifeline, it has not broken through the upper resistance.
This situation must be taken seriously. If the four-hour closing price is below the lifeline at 96,300 again, it can be judged as a sign of turning short in the four-hour cycle.
Although it has not happened now, we must make a plan. If it happens, what should we do? Not only Bitcoin, but all varieties are the same.
Once Bitcoin starts to adjust in four hours, the nearest defense is 91,500 (this is the lifeline support of the daily line). Bitcoin adjusts by 10%, and other cottages adjust by at least 20%.