BITCOIN (BTCUSD): Key Zones to Buy From ₿

Nov 23, 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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Nov 24, 2021

Note

Check my new idea on EURUSD: