As bitcoin continues up we can see that, locally, volatility is increasing over the last 24h.
Whether or not we can come down test the 30-32k range of support will depend heavily on our next lower high on the 15m chart.
You can easily see the range of support on this Daily chart where the MA's are color-filled:
On the 15m I've colored the areas of increasing bearish, slightly bearish / neutral, and bullish; in red, yellow, and green respectively.
Whether or not we can come down test the 30-32k range of support will depend heavily on our next lower high on the 15m chart.
You can easily see the range of support on this Daily chart where the MA's are color-filled:
On the 15m I've colored the areas of increasing bearish, slightly bearish / neutral, and bullish; in red, yellow, and green respectively.
Comment:
5m with some bar pattern examples of what price action might end up looking similar to: