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Technical analysis by longsonvn about Symbol BTC: Buy recommendation (4/21/2024)

https://sahmeto.com/message/1704399
longsonvn
longsonvn
Rank: 20738
1.5
Buy،Technical،longsonvn

On April 21, 2024, 2:32AM UTC, BTCUSD is trading right below a resistance $65,500 AND Its EMA-34 at $65,800. On the 4h chart we can see a smaller pattern with the same resistance A break above these levels would be a buy signal.Trade active: Now as Bitcoin has moved up above the resistance AND its MA-21, it is trading right below the MA-50 therefore the key to this move up to sustain is to pierce MA-50 as soon as possible.

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Price at Publish Time:
$65,289
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