Bitcoin retest Done now Ready to New All time High#BTCUSDT Update:
#BTC tested support $60300 as I mentioned.
Currently trading at $60800
if hold this support then we can see Again New ATH.
Support: $60800/$58000/$53600
Resistance: $66800
Bitcstamp
Bitcoin Now entered in Bear Zone so Ready to $19100 ..?#BTCUSDT Exclusive TA Update:-
$BTC currently trading above $29700
And Already break down all support and Looking Very bearish.
But but don’t panic guys if you are Long term holders.
Now I am waiting for Weekly and Monthly close for Good Confirmations.
things in a hurry always go wrong so better to hold Some positions in loss.
If weekly candle will close above $32000 then we again hope bull still alive.
If Not close above Support 1 then Ready to Support 2 at $19108
But one more support between this range.
100D EMA = $24500-$25500
So I will buy more Bitcoins if hit Support 2 and Support 3
Because Bitcoin future will be Bright.
After 5-7 Year we see Bitcoin price above $300000
Patience always pays off.
Support:- $32000/$25000/$19108
Resistance: 32000/$40000
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BTCUSD In Consolidation ModeBitcoin has not been able to gain much momentum in either direction after rebounding from the recent low near $150 per bitcoin. As indicated by the yellow rectangle, price action on the 4H chart is in tight consolidation.
Price is also resting on an ascending trend line on weak momentum. A close below will likely cause further selling, although lower support levels could be a promising trade.
Conversely, if bitcoin can close above both price action and trend resistance, a move higher to $234 is probable. However, this level of resistance has been rather strong.
Near-term direction will likely be determined on a volume spike.
FUTURE RESISTANCE LEVELS FOR PROFIT TAKINGHello fellow traders!
The red lines signify support levels that are likely to become resistance levels in the days and weeks ahead as the price trends upwards.
Resistance levels to look out for
$424 Tested as support
$467 very well tested as both support and resistance - price may bounce around a bit between 467 and 424
$544 tested as support and resistance
$558 tested as support and resistance
$621 well tested support and resistance
These levels are very similar to those on Bitfinex
I am very new to technical analysis so I welcome your constructive feedback :-)
Providing $547 is the recent top... I would expect thisProviding the recent (5mins ago) $547 price was a top.. (and I have no idea if it is.. I'm just postulating that it is for the sake of this chart...)... and the bull train doesn't keep on going... I would expect to see something of this...
But this is bitcoin.. so who knows.. honeybadger no care for TA when in bullmode.
