MarkVaux

BTC Breakout imminent?

MarkVaux Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
Broke through 200MA 4H. 50 & 100 MA about to cross. Still on a bullish area however volume is weak. RSI above 60. Possible retest range to 37-38k range.

Key target to break 42.5k and a retest to bounce off a good area of support is a good confirmation for the bullish continuation.
Might expect a very boring month for btc on this area. However, this area is good for the alts.
Trade closed manually:
Reduced Position at S1
Stop at S2
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.