BTC Quick Idea. Upwards 11,400 downwards 10400 or more?

BTCUSD is looking healthy right now 1D shows like it wants to test 11,400 levels where we have potential MA crossover with potential reclaim of Fib 0.50 reclaim.
on the 4h we are having hidden bullish divergence on RSI with increasing volume but the pattern is not very much convincing as compared to daily the current volume is matching as on August levels.
4h-tf on bitfenix

We are likely to retest 10800 levels if we fail to reclaim 0.50 fib levels at 4h.
Rest, all key levels are mentioned on chart. Overall trend is favorable for bulls right now.

Happy trading.

Yorum:

Still Consolidating. can take major moves soon

Yorum:

an it bounced