Moon_Rocket_Capital

$4k Breakout & Retest

Long
BITFINEX:BTCUSD   Bitcoin
Open Interest - Long: 2.20 Days
Open Interest - Short: 2.16 Days
RSI: Hidden Bullish (1D)
OBV: Flat
VOL: Flat

Price Action: Two strong 4H candles saw the price push through the $4k resistance zone over the weekend. The short term trend looks like it has now crossed over the 4k as well; and with the 28D MA just below - it is reasonable to expect any retest to react positively for the bulls. Entries between 4000 - 4075 should give some decent upside potential here

Key Resistance: 4200, 4350, 4626 (26w MA)
Key Support: 4000, 3969 (28D MA), 3828 (13w MA), 3800, 3650

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