BITCOIN TRADES IN RANGE AND SOON CAN RISE TO RESISTANCE LEVEL
Hello my friends, today I want to talk with you about BTC .
Bitcoin now trades in Big range on 3-4h timeframe.
Resistance level is 20400 and support level at 18200 $
Now bitcoin looks like bullish because S&P500 index grow and bitcoin follow it.
Now price trades around the middle of range but below local resistance line which we draw by previous local highs.
I think today/tomorrow price can break resistance line and rise to resistance level of range which is our first target 20400$
If price will trade some time below resistance level I think price will break it with next impulse and can rise to our second target at 21200$
So be ready for such scenario.
This is an article, not financial advice, always do your own research.
If you have any questions, you can write it in comments below, and I will answer them.
And please don't forget to support this idea with your like and comment, thank you.
Bitcoin now trades in Big range on 3-4h timeframe.
Resistance level is 20400 and support level at 18200 $
Now bitcoin looks like bullish because S&P500 index grow and bitcoin follow it.
Now price trades around the middle of range but below local resistance line which we draw by previous local highs.
I think today/tomorrow price can break resistance line and rise to resistance level of range which is our first target 20400$
If price will trade some time below resistance level I think price will break it with next impulse and can rise to our second target at 21200$
So be ready for such scenario.
This is an article, not financial advice, always do your own research.
If you have any questions, you can write it in comments below, and I will answer them.
And please don't forget to support this idea with your like and comment, thank you.
