If we don't gain this 4hr level its going to look very bad BTC.
We need to gain this area of resistance around 36k to 36.4k, if we don't I'm expecting a very large dump to the 31.6k area. If we don't then find support in that area of 32k then I'm expecting another large dump to around the 24k/23k area for BTC.
The risk to reward on this trade is massive, just be careful with your trade and always have a stop loss.
Lets see how it plays out.
We need to gain this area of resistance around 36k to 36.4k, if we don't I'm expecting a very large dump to the 31.6k area. If we don't then find support in that area of 32k then I'm expecting another large dump to around the 24k/23k area for BTC.
The risk to reward on this trade is massive, just be careful with your trade and always have a stop loss.
Lets see how it plays out.
Trade active:
We are rejecting at the moment. Only hit one buy order as we speak, lets see what happens next. Good luck all.