Target: $8,200 - This is the level of the longer term downward trend line and potentially the 200 EMA
Stop Loss: $6,900
Chart: 4 hour BTCUSD
RSI: Showing bullish divergence and an ascending triangle. The RSI has broken above ascending triangle and moved into bullish zone (40+).
EMA: The 8, 13 and 21 EMAs on the 4 hour...