TheChartGuys

BTC 4 Hour Bull MACD Cross Attempt

COINBASE:BTCUSD   比特币
Bulls saw nice follow through overnight, with a nice hourly higher low and higher high pattern.
Bulls are trying for continuation on the daily with confirmation of the bull flag.
Break of $9,090 is the goal for the next two days to get resistance out of the way.
Bulls need to keep hourly higher lows intact to see this 4 hour bull cross through.
Currently in a position from the $8400-8300s entered on the hourly consolidation and hold of EMA 12 and 26 hourly supports.
I will exit if hourly higher lows are broken today.
Time for bulls to prove the strongest bounce we have seen on this pullback, with a daily higher high.

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