If and only if...

If and only if BTC doesn't close a 4H candle below 44.3k we will have a 'hidden' bullish divergence as per the marked RSI & PA ray that would give the price a boost up. Otherwise, yes expect a retest for the 21W EMA at 43.6k then 20W SMA at 40.8k if the first doesn't hold.

تعليق:

Clearly the 4H candle closed below 44.3k as it didn't hold. Therefore, the hidden bullish divergence is no more in the cards.

The 20W EMA has been tested at 43.6.

Will we test the 20W SMA? That to be witnessed.

تعليق:

20W SMA tested... done!