BitcoinLong
$4k Breakout & Retest
Open Interest - Long: 2.20 Days
Open Interest - Short: 2.16 Days
RSI: Hidden Bullish (1D)
OBV: Flat
VOL: Flat
Price Action: Two strong 4H candles saw the price push through the
4K resistance zone over the weekend. The short term trend looks like it has now crossed over the 4k as well; and with the 28D MA just below - it is reasonable to expect any retest to react positively for the bulls. Entries between 4000 - 4075 should give some decent upside potential here
Key Resistance: 4200, 4350, 4626 (26w MA)
Key Support: 4000, 3969 (28D MA), 3828 (13w MA), 3800, 3650
Open Interest - Short: 2.16 Days
RSI: Hidden Bullish (1D)
OBV: Flat
VOL: Flat
Price Action: Two strong 4H candles saw the price push through the
4K resistance zone over the weekend. The short term trend looks like it has now crossed over the 4k as well; and with the 28D MA just below - it is reasonable to expect any retest to react positively for the bulls. Entries between 4000 - 4075 should give some decent upside potential hereKey Resistance: 4200, 4350, 4626 (26w MA)
Key Support: 4000, 3969 (28D MA), 3828 (13w MA), 3800, 3650
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Related publications
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.