BTC - H1/M15 - TRADING IN THE ZONE - AT A GLANCE
H1 : Currently below the clouds support zone.
LEVELS TO WATCH :
Resistances : 47400 / 47622 /47814
Supports : 46664 / 46267 / 46133 / 45915
M15 : Some signs a a potential short term reversal (indicators are showing some recovery price action)
Potential double bottom (trigger level @ 47430) !!!
LEVELS TO WATCH :
Resistances : 47219 / 47430 /47622
A breakout of 47622 would neutralise the very short term downside risk
Supports : 46500 / 46265 / 45915
A failure to stay and hold above 45915 would confirm further downside in the cards
See previous post for targets
LEVELS TO WATCH :
Resistances : 47400 / 47622 /47814
Supports : 46664 / 46267 / 46133 / 45915
M15 : Some signs a a potential short term reversal (indicators are showing some recovery price action)
Potential double bottom (trigger level @ 47430) !!!
LEVELS TO WATCH :
Resistances : 47219 / 47430 /47622
A breakout of 47622 would neutralise the very short term downside risk
Supports : 46500 / 46265 / 45915
A failure to stay and hold above 45915 would confirm further downside in the cards
See previous post for targets
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