#BTCUSDT 4H Chart
We had previously seen that #BTC and #ETH had successfully broken structure however most of alts did not and they weren’t moving opposite to #USDT.D which tells us that there is a lot of uncertainty in the market and it is very risky to enter any position. Price did however respect the last 4h demand zone and bounced from it successfully as mentioned yesterday. MACD is showing bullish momentum, RSI and EMAs are both neutral. Price is currently showing slow movements as it is retesting the 2h breaker zone. i am expecting price to break through this 2h breaker and reach the next 3h breaker.
