Pivot Support Zones
The previous idea on the daily time scale was confirmed. A daily close below 54.3k (monthly R2 pivot point) and the next support level would be at 48.8k, which is right were we are at.
Following the same idea, if we get a daily close below the 48.8k level and next strong support level is in the 41k range.
The convergence of weekly and monthly pivot points as well as the previous ATH at 41k strongly suggests we might retest this level.
#DCAthedip
Following the same idea, if we get a daily close below the 48.8k level and next strong support level is in the 41k range.
The convergence of weekly and monthly pivot points as well as the previous ATH at 41k strongly suggests we might retest this level.
#DCAthedip
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