BTC/USD H4 Update

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BTC is finding support on the .382 level of the most recent impulse on the H4 timeframe. The price action is also finding support on the H4 100 simple moving average. RSI is 44 at time of publishing. Price is also near a local rising support. I think anything at or above the .382 retracement level is a good buy for the weeks to come. We might have a few days of sideways as the bull flag forms.

Not financial advice. Do your own DD.

Thanks for viewing the idea.

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Here is the Breakout from the hourly chart

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continuation of breakout on the hourly chart shown below. the 5.618 extension had a wick touch.

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