$BTC - Bullish Divergences and Resistance Breakout - (4H)

31 thg 12, 2024

BTCUSD Has made an impulsive move above the downward trendline.
It is also showing a Bullish Divergence, with the RSI and MACD making Higher Lows, whilst the price made lower lows.

Still significant overhead resistance to overcome with the Moving Averages overhead - Could chop sideways and backtest the trendline breakout before moving higher

Overall stance - Bullish