$BTC $19,327 support tested yesterday, highly likely will be retested shortly considering last bearish 4H close. Next support $19,003. Weekly close approaching and current 1W not looking any good. Needs to close above $19,894 to avoid bearish close on 1W.
These big candles indicating that price is at supply zone in higher TF
Price failing to breach these levels and go up
Even though price is again and again going back to its supply zone
1) It is creating lower lows in lower time frame
2)Getting rejection from 0.786 Fib levels in intraday
All the levels are mentioned in the chart
what the price comes there all...
$BTC $20,338 resisting, $19,894 support tested and held which was required. Last 4H looking good, and 1D with Hammer! Very likely we will test $20,812, requires continuation today. Continue watching given S/R areas.
$BTC1D close with very good follow up to the last bullish engulfing, $19,894 support gained but yet to be tested as support unless breaks out from $20,338 which is resisting as expected. Last tested on Sep 27, 22D in $20,338-$18,261 range. Test was very predictable
Bitcoin is gradually moving towards the resistance area of $20k.
There's high possibility that Bitcoin may test $22k resistance level today if #btc is able break and hold the $20k resistance area.
Let's see how Bitcoin will react to the $20k - $20.4k resistance area today.
Bitcoin major support areas for now $18,500 - $18,000 and we may see another test of this...
$BTC Holding $19,327 support, $19,535 continues to resist. $19,003 tested and held yesterday. Last 1D close looks bullish, it's to see if it'll remain bullish as the weekend approach. Continue watching given S/R areas.
$BTC Failed to hold $19,894, rejected from $20,338. Attempt to regain $19,894 failed badly. $18,529 support came in effect at lows, $18,759-$18,529 support for now. Follow up to bullish engulfing failed on 1D, turning into very bearish pin bar.
$BTC Started Tuesday with a strong dose of coffee☕️! Broke $19,327 and tested $20,338 which is currently resisting. $19,894 support in effect. Needs to claim $20,338 support. Current 1D trying to follow up on Monday's bullish engulfing close on 1D. Needs to hold $19,894
As the global economic conditions turned bearish during the past week, Bitcoin seemed to struggle between the price level of $18K to $19.K. However, the crucial support level of $18K remained intact. The current price level is hovering around $19K and might look to retest the resistance present at $20K
In a short timeframe, the price level needs to have a...
Dont Trade BTC until it's trading in this zone mentioned. It's a weekly range, if you try to do intraday trade here in the range, you will have high chances to get stop out.
$BTC $18,529 support in effect, $18,261-$19,535 range maintained during the weekend. 1W close as a follow up to bearish engulfing on last close. As of now risk at $18,261 support, continue watching support. Initial resistance at $19,327.
Btc long from that support and the wicks indicates reversal of price action
Every trade is a battle and winning battles requires preparation. And since uncertainty is the only thing that’s certain about the markets, you should learn to identify the possible scenarios and prepare contingencies for them.
Having plans for every likely scenario increases your chances...
$BTC at $19,535 resistance, $19,327 support in effect. 1D close from yesterday was very good, Needs to follow up on the bullish engulfing from yesterday's 1D close. Needs to break $19,535 and proceed to $19,894 to follow up.
After breakdown from the head and shoulder pattern on daily chart bitcoin got the breakdown started and settled at 20k level but we are the time where we are ready to step more down to 8-9k level in the short term 9k is the demand zone i hope the 9k zone will start a new bull wave towards the sky but for now be ready to move down to 9k once we break below 17k...
$BTC $18,529 support in effect, $18,759 resistance in effect. Last 1d close bearish as expected in follow up of bearish engulfing from Sep 20 on 1D chart. Very good attempt at $19,894 which resulted in fakeout. Continue watching $18,261-$17,999 support.
