TheChartGuys

BTC 4 Hour Bull MACD Cross Attempt

COINBASE:BTCUSD   Bitcoin
Bulls saw nice follow through overnight, with a nice hourly higher low and higher high pattern.
Bulls are trying for continuation on the daily with confirmation of the bull flag.
Break of $9,090 is the goal for the next two days to get resistance out of the way.
Bulls need to keep hourly higher lows intact to see this 4 hour bull cross through.
Currently in a position from the $8400-8300s entered on the hourly consolidation and hold of EMA 12 and 26 hourly supports.
I will exit if hourly higher lows are broken today.
Time for bulls to prove the strongest bounce we have seen on this pullback, with a daily higher high.

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
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.