Bitcoin Current Update ( Daily Time Frame )
#Bitcoin Technical Analysis:-
BTC currently trading around $19600 which is Bear Area.
As Per chart #BTC currently trading in Descending Triangle in Daily Chart.
As per chart Still Waiting for Confirmations and Never trade without confirmation guys.
Now Two Scenarios:-
Scenario 1:- if BTC breakout Upward $20600 and Daily candle closw above then We can see 54% Upward move toward $31800
But
Scenario 2:- IfBTC failed to Hold Recently Bottom or Support Level $18000 then we can see $12000-$13000 Level.
So Watch closely and trade.
Support:- $12800
Resistance:- $20600/$25000/$31800
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BTC currently trading around $19600 which is Bear Area.As Per chart #BTC currently trading in Descending Triangle in Daily Chart.
As per chart Still Waiting for Confirmations and Never trade without confirmation guys.
Now Two Scenarios:-
Scenario 1:- if BTC breakout Upward $20600 and Daily candle closw above then We can see 54% Upward move toward $31800
But
Scenario 2:- If
BTC failed to Hold Recently Bottom or Support Level $18000 then we can see $12000-$13000 Level.So Watch closely and trade.
Support:- $12800
Resistance:- $20600/$25000/$31800
Please click Like button and Appreciate my Hard work.
Thank you.
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