Bitcoin/U.S. Dollar - Key Levels To Consider

Symbol: BTC.USD - Bitcoin
Timeframe: Weekly, Daily and 4 hour
Predicted Direction: Neutral
Key Levels:
$3,100 (S)
$4,200 (R)
$6,130 (R)

Commentaire:

Support found at the 38.20% Fibonacci retracement and 4hr 50EMA.
A breach of the Daily 50EMA and descending trendline is now confirmed. However, a candle close is required to confirm the long opportunity.