saviour25

#BTCUSDT 4H Chart update

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BINANCE:BTCUSDT   Bitcoin / TetherUS


Price failed to close below the support at 47.2k and jumped back up breaking the resistance at the 48.2k level. MACD lines crossed and is back to bullish with RSI being bought and EMA ribbon working as support. Higher lows are being created with price breaking the previous high. Currently price is sitting at the support area and some bullish movements are expected reaching the 50k. We are still bullish as long as BTC doesn't break the trend's structure and trades below 47.2k.


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