Bitcoin is still moving sideways and we can see that the price is getting close to the resistance area.
I've updated the chart for you so you can see the new support area.
We're moving up to retest the resistance once more.
There are 3 supports on the way down, one is local which is weaker and the other one is the strong key level as you see on chart.
Now we might go through some consolidations or corrections but since Buy volumes are still there in the market and indicators are not showing sell signs, we can say that we're gonna get support and probably cross the resistance in the next few hours after closing a 4H candle near resistance.
I'll keep this chart updated.
Use this chart as your trade setup for now.
Current Market Price: $55228
Good Luck
Tell me your ideas. Like and Share
I've updated the chart for you so you can see the new support area.
We're moving up to retest the resistance once more.
There are 3 supports on the way down, one is local which is weaker and the other one is the strong key level as you see on chart.
Now we might go through some consolidations or corrections but since Buy volumes are still there in the market and indicators are not showing sell signs, we can say that we're gonna get support and probably cross the resistance in the next few hours after closing a 4H candle near resistance.
I'll keep this chart updated.
Use this chart as your trade setup for now.
Current Market Price: $55228
Good Luck
Tell me your ideas. Like and Share
