kingcryptoo

Weekly BTC analysis (Date- 15-07-2019)

Long
COINBASE:BTCUSD   Bitcoin
Time- 9.43pm
Date- 15-07-2019

Here is the detailed Weekly analysis of BTC.

As you can see that BTC is in correction mode and till now its been respecting the best supports out there.

I am looking at only one resistance on Weekly i.e,11666 dollars.

We have failed to close above that area for the 6th time in last 1 and half year.

Lets see the supports.
9600-9750 area is acting as the best support for now but if that area is broken,we can see BTC filling the CME gap around 8300-8500 dollar area.

I have mentioned all the details on the graph and you can have a look.

BTC has got only one choice - Make it or break it.

Lets see what happens and remember,this week BTC closing will be very crucial.

Stay safe.

Cheers!!!

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.