Technical analysis by longsonvn about Symbol BTC on 8/10/2024

On August 10, 2024, BTCUSD is trading around $60,650 at the time of my writing, and I think we can use the setup as on the chart for a new buy point when BTCUSDT will cross up $62,800 The chart is in 4h timeframe. I have an additional reason for this buy point on daily chart, as you can see below, this is also the level around the MA-50/200 which are very closed to each other now.Death cross? Maybe. But I think keeping the trading signal simple is more important. After all, we will close the trade if the price will move down these key MA. Therefore I don't think we need to worry much about death cross.