BTCUSD TECHNICAL ANALYSIS (READ CAPTION)

19 Ara

hello my fellow traders! what do you think about this chart. comment on my analysis and provide your feedbacks.

current price: 100100

currently market is working above its supporting area 99500 and now market is about to hit a new high. market's retracement momentum was over, but because of news impact btc dropped. now btcusd market is trying to stabilize itself and will be trying reach the position 108000 soon.

key points:
supporting area: 99500, 102000
resistance area: 105000, 107000

Note:
first target: 105000
second target: 108000
stop loss: 98500

kindly like, comment, and follow for more updates on btcusd.

thanks for support!