We have a potential target of 45k+ if EMA50 can be conquered first.
Strong resistance at $35,000 to $37,000... Above this level we can hit $40,000+.
BTCUSD 4H Timeframe Chart Signals
We have some bullish signals on this chart:
MACD young bullish cross (This is an early signal)
RSI above 50.
Higher low in place. Prices bounced higher than 19-May.
The correction has been going long enough.
Leave a comment with your thoughts.
This is a short-term bounce.
The charts are always changing. Plan BEFORE trading.
The altcoins will grow.
Namaste.
Note
We are off to a good start... We need a break from all this bear action.
We are looking up!
Note
Bitcoin becomes money in El Salvador?
“They have to take it by law. If you go to Mexico, they have to take your pesos. In the case of El Salvador bitcoin is going to be legal tender just as the US dollar,” Bukule said.
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