BTC - indicators showing a more convincing breakout underway

Quick update on BTC, keep an eye on the pullback and retest in the 4hr chart. Indicators showing this is a more convincing breakout attempt. OBV positive divergence, testing key OBV resistance located at Weekly open price (and 0.38 fib retrace). MACD breaking trend on lower time frames, RSI breaking trend on lower time frames. Positive signs but look for further confirmation on the retest, and a convincing break of OBV resistance level

評論:

4hr candle closed on the underside of Weekly open and fib, likely pull back now to 42150-42850 range at last swing high and trend line support, looking for buy setups in that range. Might also bounce of VWAP. A 4hr close below 42000 level will invalidate

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Resistance turned support also at 43300-43150 range, might be a shallow pull back if that holds

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Attempting to double bottom in lower time frames around 42800. Possible buy opportunity if confirmed. I will be looking for other buy setups in the range if it fails

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BTC just broke RSI and volume trend on the H1, likely a slightly pullback from here. Might cautiously take some profit on ALTs