Bitcoin Trading Strategy for April 21
Intraday BTC Market Analysis: Looking at the 4-hour chart, Bitcoin has finally broken through the horizontal range it has been in for a week, showing a clear breakout signal! This long-awaited breakout signal is clear and reliable, allowing for entry! Do not recklessly chase prices at resistance levels.
Intraday Trading Plan: BTC
1. Pay attention to the resistance around 87500—88000 and pursue a breakout if it is breached.
2. Pay attention to the support around 85500—86000 and look for a low long position if it holds.