In the 4H time frame, we can see some reversal signs.
1- Support of EMA 200 line
2- Support of the Pitchfork channel
3- RSI near to the Oversold zone ( and also in the oversold zone in 1H time frame )
4- Hammer candles on the EMA line
So, if BTC can find support from here we can expect price increase to $58200-$61350 ( based on pitchfork lines ).
1- Support of EMA 200 line
2- Support of the Pitchfork channel
3- RSI near to the Oversold zone ( and also in the oversold zone in 1H time frame )
4- Hammer candles on the EMA line
So, if BTC can find support from here we can expect price increase to $58200-$61350 ( based on pitchfork lines ).
Note
First Target Reached! ✅Note
Second Target Reached! ✅
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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.