BTC looks like it will break out of the 30 minute seller level

١٢ أبريل ٢٠٢١

Based on the last 20 hours of BTC price action, it appears that BTC is close to exhausting the sellers located in the red box which is a 50%-61.8% retracement zone. Price has spent more time in that zone than it has in the blue 50-61.8% zone of buyers. The 200 EMA is trending up and momentum (50 EMA) has been relatively neutral.