After hitting the target in the 1hr timeframe price action is just below the 4hr 200MA.
The MACD is showing a bullish crossover just below 0 with bullish momentum increasing. If the MACD gets above 0 this will show bullish continuation of momentum is likely.
The Stochastic RSI is also ramping upwards from the oversold range.
The RSI is over 50 showing bullish momentum as well.
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$BTC 4Hr Chart Analysis
After hitting the target in the 1hr timeframe price action is just below the 4hr 200MA.
The MACD is showing a bullish crossover just below 0 with bullish momentum increasing. If the MACD gets above 0 this will show bullish continuation of momentum is likely.
The Stochastic RSI is also ramping upwards from the oversold range.
The RSI is over 50 showing bullish momentum as well.
NFA, DYOR ⚠️
#Crypto #Trading #BTC