Bitcoing Support and Resistance levels
If same pattern follows another 5 k to 6k upsdie is possiblel,last time november to december consolidated breakout rallied now it is forming same pattern consolidating since trend is bullish anticipating a 5k to 6k upside from current levels.Only if 41500 area voilates it may further go down but that has to seen with price action if it does.
If same pattern follows another 5 k to 6k upsdie is possiblel,last time november to december consolidated breakout rallied now it is forming same pattern consolidating since trend is bullish anticipating a 5k to 6k upside from current levels.Only if 41500 area voilates it may further go down but that has to seen with price action if it does.
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Over 3 k points rallied after this idea
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As mentioned in idea Bitcoin rallied 5k points
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As mentioned it tested the area 41500 area and held here
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Still trading at support area if this current level of 42300 voilates it may test 41500 to 40500 area again.
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42300 voilated tests the below levels 41500 and 40500 mentioned in above comment
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after consolidation it gave break out and acheived above targets expected this big move it has been sitting on range for quite a sometime it could be either way it choose upside
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Currently at supply zone where it fell previously from this area.
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Rejected from supply zone might test 47200 to 46800 area again to lower side
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