$BTC Support/Resistance Zones and Price Targets
BTC lost support and is taking another leg down. From here, I suspect we'll see some sideways and down price action.
BTC has strong support around the $44,0000-$45,000 zone.
If support is lost there, then the next level of strong support is around the $39,000-$41,000 zone.
If that level of support is lost, then the last line in the sand (support zone) for me to remain macro bullish is the low $30,000 zone.
More specifically, I'm looking any wicks down to the low $30,000 support zone as a major opportunity 1st pass!
I remain macro bullish as long as BTC is closing weekly candles above $32,275.
As long as support at $32,275 is held on a weekly closing basis, then I remain macro bullish and look at any greater pullbacks from here as opportunities, provided the aforementioned criteria is met.
BTC has strong support around the $44,0000-$45,000 zone. If support is lost there, then the next level of strong support is around the $39,000-$41,000 zone.
If that level of support is lost, then the last line in the sand (support zone) for me to remain macro bullish is the low $30,000 zone.
More specifically, I'm looking any wicks down to the low $30,000 support zone as a major opportunity 1st pass!
I remain macro bullish as long as BTC is closing weekly candles above $32,275.
As long as support at $32,275 is held on a weekly closing basis, then I remain macro bullish and look at any greater pullbacks from here as opportunities, provided the aforementioned criteria is met.
General Inquiries: t.me/cryptoguru369
Twitter: twitter.com/CryptoGuru369
Twitter: twitter.com/CryptoGuru369
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.
General Inquiries: t.me/cryptoguru369
Twitter: twitter.com/CryptoGuru369
Twitter: twitter.com/CryptoGuru369
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.