Break out reasons:
1. BAT resistance @5070 sats lines up perfectly with .786 FIb.
2. 50ema above 100ema
3. Since 50 above 100, the uptrend has continued to respect the 50ema
4. Blue above Orange on MACD
5. already making higher low and higher highs
6.BTC is short-term bullish
Probability of breaking out: cmon
Place buys in 5070 sats zone. Resistance at 5300 should be weak. Wait for breakout with good volume.
--dionysus
1. BAT resistance @5070 sats lines up perfectly with .786 FIb.
2. 50ema above 100ema
3. Since 50 above 100, the uptrend has continued to respect the 50ema
4. Blue above Orange on MACD
5. already making higher low and higher highs
6.BTC is short-term bullish
Probability of breaking out: cmon
Place buys in 5070 sats zone. Resistance at 5300 should be weak. Wait for breakout with good volume.
--dionysus
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.