2021-06-25 22:46:53
#TeamLogos BTC Update 25 Jun
What's new since the last update my logos community? BTC reached the 35500 level yesterday at the end of the session and is currently trading around 34500 in its support zone.
The technicals are now upgraded to "neutral" with a MACD that has yet to cross but a WaveTrend that has already given a buy signal. On a 4h time horizon, the indicators are also positive.
The trading volume in the previous session was below its average level and is still falling.
Action Plan
We can see signs of bearish curves on the indicators in the 4h timeframe. This means that which a bearish pullback might be possible. If BTC manages to cross 36500 for a few 4h candles, we will open a long position on a retracement.
https://www.tradingview.com/x/zRMJX1Z4/
Take care #TeamLogos, I wish you all a great day!
Trade Bitcoin with the Royal Q trading bot! DM @logosadmin to find out more!
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