BTCUSD 4 HOUR TIME FRAME BULLISH TREND. Los Angeles 10:18pm.
What happened from the last post is that on Monday morning Asia pushed BTC out of its bearish trend and started a new trend. This is the updated version of BTC from my previous post below (Link to Related Ideas).
What to look for:
Price action breaks $6200 to remain bullish or end up stuck facing old $6200 resistance.
Price action is in a bullish flag with a 68% break upwards.
RSI should remain above 60+ to break resistances or 50+ to stay good.
RSI seems to be moving along the dotted line as support. Break of the dotted line could result in the break of the flag.
Break of the red line $6200 could lead to new prices $6600 1.618 fibb level.