Bitcoing Support and Resistance levels
If same pattern follows another 5 k to 6k upsdie is possiblel,last time november to december consolidated breakout rallied now it is forming same pattern consolidating since trend is bullish anticipating a 5k to 6k upside from current levels.Only if 41500 area voilates it may further go down but that has to seen with price action if it does.
If same pattern follows another 5 k to 6k upsdie is possiblel,last time november to december consolidated breakout rallied now it is forming same pattern consolidating since trend is bullish anticipating a 5k to 6k upside from current levels.Only if 41500 area voilates it may further go down but that has to seen with price action if it does.
Note
Over 3 k points rallied after this ideaNote
As mentioned in idea Bitcoin rallied 5k points Note
As mentioned it tested the area 41500 area and held hereNote
Still trading at support area if this current level of 42300 voilates it may test 41500 to 40500 area again.Note
Note
42300 voilated tests the below levels 41500 and 40500 mentioned in above commentNote
after consolidation it gave break out and acheived above targets expected this big move it has been sitting on range for quite a sometime it could be either way it choose upsideNote
Note
Currently at supply zone where it fell previously from this area.Note
Note
Rejected from supply zone might test 47200 to 46800 area again to lower sideNote
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.