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benjamingrooters
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btcusd flagpattern movingaverage supportandresistance Less Tags Show All Tags
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BTC from flag to resistance.
BTCUSD
, 240Long
BTCUSD: BTC from flag to resistance.

We can see with 4h candles that BTC is crossing over on the MACD to carry an up-trend. This is complimented by an increasing RSI value hinting at increased buying. We also can see we broke the 20 and 50 EMA's and the 78.6% retracement from previous high. The only thing we are struggling to break is the top resistance of this new flag which, coincidentally, is...

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