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BTC Update #BTC_Update What's new since the last update my d | 4C Trading News

BTC Update #BTC_Update

What's new since the last update my dear community? Well BTC is still trading around 57000 after dropping to 55800.

The trading volume in the previous session was below its average level but up from the low point at 53k.

The daily technical situation is neutral with a buy signal given on the WaveTrend but a MACD that has yet to cross. On a 4h time frame, the indicators are also neutral with a sell signal given by the WT.

What to do now?

Well we still need a breakout above 59000 before entering a retracement position.

https://www.tradingview.com/x/on0wQNZE/

Until then stay safe, I wish you all a great day!