BTCUSD Bullish, Cup and Shoulders

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We can see a cup and shoulders forming here much more than these calls for H&S, either way both chart formations signal for a bull run.
The 50ma (yellow) crossed under the 100 (green) which told us it was going bearish while the handle formed.

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ملاحظة

On the 4 hour the 50 ma crossed over the 200, (golden cross) this signaled a buy for us, as it's a bullish indicator, however we can see on the rsi at the time was over bought.

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ملاحظة

We can still see a bears take countrol watch what happens to the 200 (dark blue) and 50 ma on the daily.

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تم فتح الصفقة

For those looking for short term plays:

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ملاحظة

Retrace to 10300-400 imo,
Watch out for heavy resistance at 12-12.5k

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ملاحظة

Reentered at 10400, going long, this is looking very good