Bitcoin 4HR Breaks Higher. Wait Before Going Long?
BTCUSD is close to breakout higher as it goes over $7000 level to $7500. The 4-hour chart showing that this higher high could lose momentum
The levels we must keep in mind are the following: 5884.75, 6665.80 - 7415.59, 8101.78
What do we have here?
✔️ Triangle Breakdown
✔️ Higher Highs Losing Momentum
Thank you, Connor,
Please feel free to follow me to get more analysis. On Tradingview I share 1hr, 4hr, 1D, 1W charting analysis across major instruments only.
The levels we must keep in mind are the following: 5884.75, 6665.80 - 7415.59, 8101.78
What do we have here?
✔️ Triangle Breakdown
✔️ Higher Highs Losing Momentum
Thank you, Connor,
Please feel free to follow me to get more analysis. On Tradingview I share 1hr, 4hr, 1D, 1W charting analysis across major instruments only.
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