Bitcoin
Long
Updated

BITCOIN ( UNDER UPWARD PRESSURE ) ( 4H )

369
BITCOIN

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the price of bitcoin under upward pressure until trade above turning touch to resistance level

  • Tendency the price is a bullish pressure in 60,502

  • TURNING LEVEL : the price turning level at 60,502 , price braking below this level it becomes reach a support level , but if stable above this level reach to resistance level

  • RESISTANCE LEVEL: if the price stable above turning level at 60,502 , the price will rise to 62,677 and 64,089 , stable this level reach to 66,529

  • SUPPORT LEVEL : the price breaking turning level 60,502 , it will reach the support level of 58,154 , stable this level reach to 55,740

  • CORRECTIVE LEVEL : price will 60,502, correct itself before long

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TP 62,677
SL 60,502
Trade active
Note
snapshot

Today , the price continues a bullish , it will attempt to reach a resistance level

TURNING LEVEL : a blue line the price turning level at 60,502 , price braking below this level it becomes reach a support level , but if stable above this level reach to resistance level

TARGET LEVEL :
RESISTANCE LEVEL : 62,677 , 64,089
SUPPORT LEVEL : 58,154 , 55,740
Note
snapshot
the price continues to the bullish still trade turning level at 60,502 , have two cases for the bullish
the first case : continues to rise toward 62,677 then to 64,794
the second case: corrective turning level at 60,502 before rising to 62,677
the bearish case started after breaking turning level reach to support level around 58,154
Note
reach first target , still a bullish until trade a resistance level at 62,677 , to next resistance level at 64,794 , if the breaking 62,677 the price trying to reach a turning level at 60,502

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