ShelendrAgrawal

Bitcoin Analysis !! #Bitcoin

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
πŸ“ˆ Bitcoin πŸ“‰
It has broken out from downtrending trend zone and given first signs of forming higher high higher low. Started forming up upside trending trend zone (this zone is yet to be tested to be strong support zone). Immediate Upside resistance is at 46000 levels. Have to watch how price behave around these levels.

My Personal view :- Price should face rejection at 46000 levels and fall down till 40000 level then again rise up to around 51000 levels. Rest I have drawn complete analysis with possible support and resistance zones.
Comment:
Working As Explained !!
Comment:
As per analysis buying levels are here.

Disclaimer : Only For Education Purpose. Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
Comment:
Comment:
Played as per analysis till it broke upward trendline. Now Look for 35k to 36k Levels.

Follow me for live IntraDay Chart Analysis on Twitter.

twitter.com/ShelendrAgrawal
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.