Hello everyone
According to Bitcoin analysis, I see several development options
Currently, the price is in an uptrend.
The largest volume traded at 9530
Local Support 9600-9530
Main Support 9150-9000
Local resistance 9850-9900
The next resistance is 10050-10200
It’s possible that the price will go to the stop loss zone of shorts 9900-10050, it is possible to squeeze up to 10200,
and after there will be a return under 9800 then I will consider this a false break and the opportunity to open a short position.
If we fix above 10200, the price will go to the next level of 10600.
When leaving and consolidating under 9530 I will consider a turning point in the upward movement and aim at reducing a minimum of 9150 and a possible 8800 or lower.
This is just my opinion, and is not a call to action)
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Thanks for visiting.
According to Bitcoin analysis, I see several development options
Currently, the price is in an uptrend.
The largest volume traded at 9530
Local Support 9600-9530
Main Support 9150-9000
Local resistance 9850-9900
The next resistance is 10050-10200
It’s possible that the price will go to the stop loss zone of shorts 9900-10050, it is possible to squeeze up to 10200,
and after there will be a return under 9800 then I will consider this a false break and the opportunity to open a short position.
If we fix above 10200, the price will go to the next level of 10600.
When leaving and consolidating under 9530 I will consider a turning point in the upward movement and aim at reducing a minimum of 9150 and a possible 8800 or lower.
This is just my opinion, and is not a call to action)
Looks good? Leave a like, share and leave a comment.
Thanks for visiting.
