Bitcoin has built a 4H PG

It's looking like a setup for new highs in bitcoin. On the smaller time units we crashed the down trend and now we have the chance to establish a 123 high setup. If we break the 52681$ mark, the party queen could start her engine 🛫

The 4H PG will support a movement

On the 4H chart we formed a PG again. The MA 34 is a good leading average and we touch it perfectly today. It's looking good for the bulls but if we break down, it will be a chance for a bigger ABC consolidation.

PG	Trigger Up	Trigger down
4h	51800$	49420$

Let's hope for movement today and a breakout. The old PGs on daily and 12H chart run out of time and that's pretty boring. As always i post the next steps in the comments.

Source: (Guidants/Godmode Trader) & JFD Broker & Binance

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