BTC support resistance LEVELS FROM 09 TO 23 year, I colour all the levels according to activity so that we can easily understand.
We recently closed below the 27500 zone's next support area 26500 zone if the price does not support this area we might see a downside till the 24600 zone.
We might see a little non sustainable upside as we are at the support area.
Wait for entry and enter if it take support and try to breakout we may see up to the .50$ to .55$ zone if the price back into the wedge then does not enter.
BTC need to hold the 25250 to 25500 zone for minimum 2 days for upper moves to 28k otherwise we can see a downside to 21500 to 22000 zone then we can see an upside to 28k to 30k zone.
As per my study we are in a bull trap up to 32 to 35 k and after this ready for dump.
We expect that Grt will go up to 0.35$ even 0.40$ if we see a good up side in btc up to 28k. enty point 0.1450 , 0.1250, 0.9 and 0.8 for extreme scenario.
BTC trying to hold 22200 zone and if it is holds this zone we might see a move to 23000 to 23200 zone in short term 200MA area, then we can expect a dump if it does not breakout that area then ready for dumping currently US markets are up and less selling , be ready for whales game.
Bullish - Need to hold this resistance as support and need to close above 24500$ for sure to reach 25k and if it holds 25500 then we will see a big move. Bearish - If not hold the 24200 support area then we may see a major crash to 20k$ to 18500$.
We are expecting this btc is going to 22200$ and if the support not we may see 19000 to 18500 zone and if we get some good news and btc show support at 22200 $ zone we can see a up size up to 28k$ if btc suppoet 25400- 25500 zone.
Trapping market as per yesterday we expect short, request you kindly trade on 2.20 or 3 pm in flow scalping with strict SL.
After trapping ce in bank fifty and long at nifty breakout at sbi and icici scalping
We are expecting short-side due to sentiments, I have open PE and holding for today.
The same chart at 4h chart as we expect the long side to 25000 to 26000