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BTC Update What's new since the last update my dear community | 4C Trading News

BTC Update

What's new since the last update my dear community? Well BTC is still trading at the same place under its resistance zone, around 38500.

The trading volume in the previous session was above its average level.

The daily technical situation remains neutral with a buy signal given by the WaveTrend, while the MACD still hasn't crossed. On a 4-hour time frame, the indicators are positive.

What to do now?

This does not change the facts, we still need a break of resistance before opening any buy position.

https://www.tradingview.com/x/qdoh6k36/

Stay safe as usual, I wish you all a great day!