The current 4 Hour Situation Bitcoin BTC/USDT

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The Volume for this Breakout was high, but there is still the possibility for a FAKEOUT.

The BollingerBands getting tighter, this shows a HIGHER Chance for a big Move in one direction.

We should wait now for a confirmation.


--Dont let the FOMO control your Trading now.--



Above is the SMA20 on the Daily Chart , this is why there was a rejection on the H4 Chart.


Remember:
This was NO Breakout from a Pattern, it was only a Upper Channel Line, there is still the possibilty for a building Pattern
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Bullish Breakout confirmed
Bitcoin (Cryptocurrency)bitcoinusdBTCUSDBullish PatternsChart PatternstradingTrend Analysis

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