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 trading just below 49000 after posting a very slight local higher high.
The trading volume in the previous session was below its average level but higher than the sessions before.
The daily technical situation remains positive for now with the MACD and WaveTrend pointing up. On a 4h time frame, the indicators are showing signs of bearish curves.
What should we do?
Even though BTC has made a slight high, it is still trading below the intermediate resistance of 49500. As long as this resistance is not breached, no buy position.
