BITCOIN (BTCUSD): Key Zones to Buy From ₿

23 Kas 2021

Hey traders,

During the last two weeks, Bitcoin remains quite bearish.
While sellers are locally dominating the markets, here are the key zones to watch for buying opportunities:

• Demand zone 1:
  That zone is based on a 52.500 - 54.100 horizontal support cluster and a rising trend line linking the last higher lows on a daily.
  Horizontal and vertical structures compose a contracting demand area.
  
  
• Demand zone 2:
  36.000 - 41.000 is a wide area based on a horizontal structure.
  
  
• Demand zone 3:
  28.800 - 29.800 is the zone based on the summer's low.
  

Let the price reach one of these zones and then look for a confirmation to catch a trend-following move.

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24 Kas 2021

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Check my new idea on EURUSD: