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Bitcoin’ (XBT) continues consolidating sideways. We can see higher lows being created on the 4H TF. Let's look at price action.
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Bitcoin’ (XBT) continues consolidating sideways. We can see higher lows being created on the 4H TF. Let's look at price action.
- Our immediate resistance is sitting at $4000 and $4070. A break above this level take us to test $4350 which is the resistance that needs to be broken in order for Bitcoin’ (XBT) to move up.
- We are looking at EMA10 ($3940) as are immediate support, followed by $3900.
- If Bitcoin’ fails to move above EMA50 ($4070), then it will test our support again at $3800 and continue this dance (up and down) until one side gives way...
- The RSI has now gone past 50 but still has some resistance to break.
- I will keep this thread updated as the charts develop.
Thanks a lot for reading, your time is highly appreciated. If you enjoyed this article, please make sure to hit LIKE.
See you again tomorrow and after tomorrow and every single day...
Alan Masters here...
I LOVE YOU!
"I LOVE MYSELF"
Namaste.
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💥💥💥 Early 2025 Results (NEW)
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anandatrades.com
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。