#BTCUSDT 4H Chart update After ranging between the support at | Universal Crypto Signals Pro
#BTCUSDT 4H Chart update
After ranging between the support at 47.2k and the resistance at the 48.2k level, price broke out from the support and is heading towards the S/R flip. MACD is bearish, RSI dropped to 50% and price is preparing to trade below EMA ribbon again. We could see some bearish movements from BTC if two 4h candles close below 47.2k. However if price breaks the 47.2k level again, we would expect BTC to reach 49.17k after struggling a bit on the resistance at 48.2k.
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