BitcoinLong
BTC April 21, 2024: Waiting For A Breakout
Updated
On April 21, 2024, 2:32AM UTC, BTCUSD is trading right below a resistance $65,500 AND Its EMA-34 at $65,800.
On the 4h chart we can see a smaller pattern with the same resistance
A break above these levels would be a buy signal.
BTCUSD is trading right below a resistance $65,500 AND Its EMA-34 at $65,800. On the 4h chart we can see a smaller pattern with the same resistance
A break above these levels would be a buy signal.
Trade active
Now as Bitcoin has moved up above the resistance AND its MA-21, it is trading right below the MA-50 therefore the key to this move up to sustain is to pierce MA-50 as soon as possible.Trade closed manually
I closed the trade as it rejected at MA-50
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