BITCOIN ( LONG ) ( 4H )
Updated
BITCOIN
HELLO TRADERS
TARGET LEVEL :
HELLO TRADERS
- Tendency , the price is under bullish pressure until trade above turning level .
- TURNING LEVEL : the price of turning level around 66,400 , indicates the price trade above this level reach a resistance level , but if breaking this level reach a support level .
- RESISTANCE LEVEL (1) : around 69,648 , for reach this level will be stabilizing above turning level .
- RESISTANCE LEVEL (2) : around 71,685 , for reach this level the price will stabilizing above resistance level (1)
- SUPPORT LEVEL (1) : support level at 63,345 , for reach this level will be breaking and stabilizing below turning level .
- SUPPORT LEVEL (2) : support level at 59,299, for reach this level will be breaking by open 4h candle below support level (1) .
- CORRECTIVE LEVEL : the price retest before rising at 66,400 .
TARGET LEVEL :
- RESISTANCE LEVEL : 69,648, 71,685 .
- SUPPORT LEVEL ; 63,345 , 59,299 .
Trade active
Trade active
dropping to FVG area , have two scenario , first the price trading above FVG reach a resistance level , But if breaking FVG reach a support level
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