Bitcoin Trading Strategy for April 19
Intraday BTC Market Analysis: Looking at the 4-hour chart for BTC, it has been consolidating around 83000-86000 for almost a week, and a breakout is imminent. This breakout is expected to be strong, so be sure to pay attention to the breakout signals.
Trading Plan: BTC
1- Monitor the support around 83000; if it holds, go long; if it breaks, go short.
2- Monitor the resistance around 85500; if it breaks, go long; if it holds, go short.