limitlessnash

limitlessnash

$BTC #BTC Continues to range here, basing pattern still forming. $29,483 support for now. Last 4H close put Bullish engulfing. $29,483 could be retested shortly. 1D close from yesterday was bearish with bearish pin bar.

limitlessnash

$BTC Moving towards $30,623 resistance, possible retest. $29,199 current support. Last daily close was good. Continue watching $30,623 for resistance and $28,590 for key support.

limitlessnash

Possible basing pattern forming on $BTC 1H and 4H chart. If played out watch given resistance areas.

limitlessnash

$30,623 continues to resist, $29,742 support to come in effect shortly. Last 4H closed with bearish pin bar if played out $29,483-$29,199 support could be tested. 1D close good but failed to engulf previous bearish daily close. Today's daily needs to close above $30,282 to avoid bearish close today or we will drop further below.

limitlessnash

On Daily chart $BTC is forming Descending Broadening Wedge if it plays out it could retest the Wedge upper channel with possible Fakeout and another drop in wedge or it could test upper channel with some resistance and drop back in the Wedge in both scenarios i expect it to retest the upper channel and finally break it towards $43K and then $47K test.