BTCUSD 4 HOUR TIME FRAME BULLISH TREND. Los Angeles 10:18pm.
What happened from the last post is that on Monday morning Asia pushed BTC out of its bearish trend and started a new trend. This is the updated version of BTC from my previous post below (Link to Related Ideas).
What to look for:
What happened from the last post is that on Monday morning Asia pushed BTC out of its bearish trend and started a new trend. This is the updated version of BTC from my previous post below (Link to Related Ideas).
What to look for:
- Price action breaks $6200 to remain bullish or end up stuck facing old $6200 resistance.
- Price action is in a bullish flag with a 68% break upwards.
- RSI should remain above 60+ to break resistances or 50+ to stay good.
- RSI seems to be moving along the dotted line as support. Break of the dotted line could result in the break of the flag.
- Break of the red line $6200 could lead to new prices $6600 1.618 fibb level.
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Updated RSI and Macd post above
