BITCOIN 21-March-2023 ANALYSIS AND PREDICTIONS
Today as we can see IN bitcoin price there is an resistance range between 28269- 28861 and a strong support zone is in between 26986-26807
SCENARIO 1
If we see a strong breakout above 28800 then only we should buy
SCENARIO 2
For today if we see a breakdown below 27600 we should take take profit at support level because from there we can see a bounce back.
CONCLUDING ANALYSIS
Today I can see a range bound movement between 27600 - 28800. Strong breakout above 28800 can take the price upto 29000 and further more
Wait for a clear and decisive move above or below of the given levels.
✅ BITCOIN SUPPORT AND RESISTANCE LEVELS
SUPPORT 1 - 27600
SUPPORT 2 - 26800
SUPPORT 3 - 26000
STRONG SUPPORT ZONE - 26986-26807
RESISTANCE 1 - 28861
RESISTANCE 2 - 29394
RESISTANCE 2 - 30731
STRONG RESISTANCE ZONE - 39875-40000
SCENARIO 1
If we see a strong breakout above 28800 then only we should buy
SCENARIO 2
For today if we see a breakdown below 27600 we should take take profit at support level because from there we can see a bounce back.
CONCLUDING ANALYSIS
Today I can see a range bound movement between 27600 - 28800. Strong breakout above 28800 can take the price upto 29000 and further more
Wait for a clear and decisive move above or below of the given levels.
✅ BITCOIN SUPPORT AND RESISTANCE LEVELS
SUPPORT 1 - 27600
SUPPORT 2 - 26800
SUPPORT 3 - 26000
STRONG SUPPORT ZONE - 26986-26807
RESISTANCE 1 - 28861
RESISTANCE 2 - 29394
RESISTANCE 2 - 30731
STRONG RESISTANCE ZONE - 39875-40000
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