⇨ BTC offers us a nice candle to finally break the 35k. MACD cross bull
⇨ Next area to watch: 36600 where there is a confluence of Fibonacci levels (61.8 of the last bearish move / 1.272 of the ABCD move we have talked about several times. The indicators are well oriented.
Chart : https://www.tradingview.com/x/HZsiyoXo/
⇨ At H4 the price is hanging on to the MA200 which seems to be the last barrier before the 36600
⇨ Note that the Chikou (in black) has exited the price and entered the Kumo H4 which could generate a slowdown of the rise in the short term.
⇨ On the other hand, we will be watching to see if the Chikou breaks the trend in turn. This means that we will have validated the break of the trendline.
⇨ Of course a retest of the 35k or the trendline could occur and would be quite healthy.
