#BTC

Bitcoin price is moving in an upward trend on the 4-hour frame since the beginning of the month

The price is strongly adhering to the trend line. Now we have a slight breakout downwards. We are waiting for a rebound from it upwards and a 4-hour close above the trend to confirm the rise and respect the trend

We have so far stability above the 100 moving average, which supports the possibility of rising

We have a retest of the broken downtrend on the RSI indicator
Which gives a selling saturation and increases the chances of rising

Current price 66320

The target of rising on two targets
The first target is 68000
The second target is 69800

The model is canceled in the event of a 4-hour candle closing below 65000
btcethbtctradingbtcudstbtcupdateBTCUSDbtcusdbuyBTCUSDCbtcusdtlongChart PatternsTechnical IndicatorsTrend Analysis

🚨 For More Signals Join Telegram Channel ( Futures/Spot )

👉 t.me/CryptoSignalFuturesSpot
Also on:

Disclaimer