TheChartGuys

BTC 4 Hourly Resistance Test

COINBASE:BTCUSD   Bitcoin
Bulls formed another 4 hour higher low overnight and the bulls are heading back to the recent high.
Bulls need to break to higher highs, but if we pull back this morning we will be looking for a 4 hour equilibrium pattern.
Nice job staying in the uptrend as daily EMA resistances are in play now.
Loss of the 4 hour higher lows and we will be heading back down to the recent lows on the daily.
Exit point is loss of the 4 hour higher lows.
Break to higher highs and we look to $9,000 resistance.
This is the longest we have seen the bulls hold an uptrend on the 4 hour chart in weeks.

Checkout our full trading resources online www.chartguys.com

Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.