$BTC - Bullish Divergences and Resistance Breakout - (4H)
2024-12-31
Category: None

BINANCE:BTCUSD  Has made an impulsive move above the downward trendline. 
It is also showing a Bullish Divergence, with the RSI and MACD making Higher Lows, whilst the price made lower lows. 

Still significant overhead resistance to overcome with the Moving Averages overhead - Could chop sideways and backtest the trendline breakout before moving higher

Overall stance - Bullish