BTC 4H
Short term time frame is leaning toward bullish.
But there are several resistances to keep in mind before taking entries
There is a strong resistance from the mid term trend line and another one from the horizontal support line.
RSI and MACD are moving up with the price which is always positive.
Fundamental
There are options expiring today which may lead to some bullish price action though that is highly speculative but still something to keep in mind.
Suggestion:
If you are not in a trade, I wouldn't suggest going in at his time unless you love gambling.
But there are several resistances to keep in mind before taking entries
There is a strong resistance from the mid term trend line and another one from the horizontal support line.
RSI and MACD are moving up with the price which is always positive.
Fundamental
There are options expiring today which may lead to some bullish price action though that is highly speculative but still something to keep in mind.
Suggestion:
If you are not in a trade, I wouldn't suggest going in at his time unless you love gambling.
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