Bitcoin looking to test major resistance area @ $10,550 !!
Hi all, I see a cup and handle forming on 4HR. If it plays out, I see BTC breaking major resistance since April of 2019, establishing a new uptrend! Chart and indicators look good, with a bullish cross about to play out on MACD. Of course, this is not financial advice. Just sharing my thoughts. Happy Trading!
Trade active
Looks like the handle has formed. Now, hopefully, the pump.
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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.