BTC - H4 - IN THE MIDDLE OF A RANGE...
H4 : Above MBB and KS...but still below TS !
Watch ongoing H4 price action to get more information about further development.
Indeed, BTC is currently roughly in the middle of a trading range (ascending rectangle)
A failure to hold above the 48200 area would put the focus on lower levels.
Fragile zone between 48000 and 47000 (47036 former low) ahead of 45915, starting level
of the recovery which started yesterday.
Important to note the tickness of the H4 clouds support (strong support 46000-44000)
Watch ongoing H4 price action to get more information about further development.
Indeed, BTC is currently roughly in the middle of a trading range (ascending rectangle)
A failure to hold above the 48200 area would put the focus on lower levels.
Fragile zone between 48000 and 47000 (47036 former low) ahead of 45915, starting level
of the recovery which started yesterday.
Important to note the tickness of the H4 clouds support (strong support 46000-44000)
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