BTC April 21, 2024: Waiting For A Breakout

Mis à jour
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

snapshot

A break above these levels would be a buy signal.
Transaction en cours
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.
Trade fermée manuellement
I closed the trade as it rejected at MA-50
Chart PatternsTrend Analysis

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