Breakout of bull flag on BTC/USD. Possible resistance at 50MA.
Decreasing volume on consolidation and volume spike on 4HR candle break out. Bullish MACD crossover likely to confirm. Plenty of room for RSI to move upwards.
Decreasing volume on consolidation and volume spike on 4HR candle break out. Bullish MACD crossover likely to confirm. Plenty of room for RSI to move upwards.
Note
The upwards momentum has followed through but with decreasing volume
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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.