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INE

4hr closes above T-line & 50MA; good sign but still in limbo.A great outcome seeing the 4hr candle close not just above the 50MA(averting going back into the sellers market for now), but also climbing up and closing above the 4hr T-Line. For now I remain neutral but I would say one more confirmation candle on the 4hr chart closing above the tline would make me officially switch back over to long. A close above the t line and the 100MA on the 4hr would make me even more confident in switching from neutral to long. Best of luck to you in whatever you decide to do **not financial advice**
BITFINEX:BTCUSD
by DrDovetail
Updated

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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