$BTC Broke $16,383 support as expected, $16,005 support in effect currently trying to gain $16,155. Last 1D close very bearish which resulted in this drop. $16,526 will resist on retest. Breaking $16,005 could bring $15,689 in effect.
$BTC $15,419 tested as expected, luckily held. $15,895 resistance in effect. $15,689 current support. Last 4H closed bearish, 1D closed bearish. Current 1D not looking good, if unable to regain $15,895 expect $15,419 support to be retested. Continue watching given S/R
Hope you all are doing good!!
I expect BTC to start to go up from 8k - 12k level.
1) Currently in probable C wave of bigger correction.
2) Probably in making of 4th wave correction within the C wave of bigger correction.
3) Next drop is highly probable the last drop for BTC before reaching for 100k level.
Look for your BUY setups.
$BTC $16,526 support gained with $17,097 as resistance. 1D close looks neutral, Market sentiment is still major factor here so it needs confidence from the market to show some good sign of recovery, to much FUD all around with crypto noobs scared to death. Watch S/R
$BTC just another day of stumbling, $15,689 support tested and held, lowest at $15,512. Last visited Nov 2020, 2 year low. Current weekly super ugly, and monthly too. This was 'Super follow-up' to 1D bearish engulfing. $16,526 resisting as of now, No sign of reversal yet.
$BTC retracing towards $20,066 support. Bearish engulfing from sunday on 1D time-frame getting lot of bearish follow thru. $19,894 support can be tested shortly, bearish engulfing on 4H too. Watch the support.
$BTC Finally trying to break $21,299. Been below $21,299 since Sep 13. Got beautiful follow thru to bullish engulfing on 4H yesterday finally breaking $20,812. Current 4H closed beautifully above $21,299 at $21,449. Next resistance at $21,791, needs to gain $21,299 support.
$BTC bullish engulfing on 4H close failed to get follow thru yesterday resulting in bearish turn and failure to gain $20,338. Again bullish engulfing on last 4H close today and current 4H will decide. Last 1d close not good, continue watching support.
$BTC last 1D close looks fine, avoided bearish engulfing😅😅😅. $20,684 resisting hard since more than last 12H, $20,470 support currently in effect. Watch $20,338. Needs to hold $20,338 breakout resistance as support to save gains.