BTC expectation
Hello my friends, today I want to talk with you about BTC .
Bitcoin now trades in Big range on 3-4h timeframe.
Resistance level is 20400 and support level at 18200 $
Now bitcoin looks like bullish because S&P500 index grow and bitcoin follow it.
Now price trades around the middle of range but below local resistance line which we draw by previous local highs.
I think today/tomorrow price can break resistance line and rise to resistance level of range which is our first target 20400$
If price will trade some time below resistance level I think price will break it with next impulse and can rise to our second target at 21200$
So be ready for such scenario.
This is an article, not financial advice, always do your own research.
If you have any questions, you can write it in comments below, and I will answer them.
And please don't forget to support this idea with your like and comment, thank you.
Bitcoin now trades in Big range on 3-4h timeframe.
Resistance level is 20400 and support level at 18200 $
Now bitcoin looks like bullish because S&P500 index grow and bitcoin follow it.
Now price trades around the middle of range but below local resistance line which we draw by previous local highs.
I think today/tomorrow price can break resistance line and rise to resistance level of range which is our first target 20400$
If price will trade some time below resistance level I think price will break it with next impulse and can rise to our second target at 21200$
So be ready for such scenario.
This is an article, not financial advice, always do your own research.
If you have any questions, you can write it in comments below, and I will answer them.
And please don't forget to support this idea with your like and comment, thank you.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.