danywaystrige

BTC Still above 33800 - Higher High done, Lower High maybe...

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BINANCE:BTCUSDT   Bitcoin / TetherUS
Hi,

For the moment BTC is still in a short terme up trend, in the 4H

It can at least flip flop between the 9 and the 55 EMA on the 4H, without any problem.

Problems for long would became if BTC close below 33600 - 32200

It look like a lower high on the 4H, but for me this is not confirmed yet. If the next candle will close above the previous close at 34700, or above the 55 EAM at 34400. It will be enough for me to have a confirmed up trend on the 4H.

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