The importance of this dynamic resistance is clear in my chart as since early April, BTC couldn’t make a successful breakout and stability above 4H EMA
Today we see big volume with potential breakout Can this time be a different time ?
We will know in next few hours I think 2 daily candles close above is a confirmation for a successful breakout ( not a fakeout )
Inverse H&S : We also have inverse H&S which support our bullish bias
Bull market ? Late July and August seems to be a green months but lets wait for the confirmation first
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.