Hello everyone ! BTC is going for lower, when we can take a breathe, the answer is we could not break the bollinger basis (middle) line while downtrend and it continued. We need to first break 4 hourly bollinger basis then this yellow trend line. Below 38505 daily closes the target can be 33505. I am attaching daily and weekly view as well.
Support:- $38505 /$33505 (50 Week EMA)
Resistance:- $47900/$50500(100 Day EMA )
Watch these levels and have a nice one !
Support:- $38505 /$33505 (50 Week EMA)
Resistance:- $47900/$50500(100 Day EMA )
Watch these levels and have a nice one !
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Note
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.