Bitcoin moves to the bull trap 9500-9740

Updated

8500-8600 USD strong support
4h MA 2100 = W MA 50

Note

Buying opportunity! Potential rally 9500-9740.
BTC tested and holds support WMA 50 (4h MA 2100)
RSI - bullish divergence signals turnover

snapshot

Note

BTC holds support WMA 50 and WMA 21 (1h MA 3528)
if it drops below and closes 4h candle - bearish

snapshot

Note

Breakout

snapshot

Note

Fake breakout and holds WMA 50, WMA 21
Buying opportunity
Sell below WMA 50, WMA 21

snapshot

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.