BITCOIN ( UNDER BULLISH PRESSURE ) ( 4H )
BITCOIN
HELLO TRADERS
TARGET LEVEL :
HELLO TRADERS
- Tendency the price it will trying to reach a resistance trendline , indicates the price is under bullish pressure
- TREDN ANALYSIS : yesterday the price closer resistance trendline after dropping to closer support trendline , today the price it will trying again to reach resistance trendline
- TURNING LEVEL : a black line around 58,985 , indicates if the price stabilizing above this level reach resistance level , if the breaking turning level reach a support level
- RESISTANCE LEVEL : there is a blue line around 62,475 , indicates selling have already increase this level , so if the price stable above turning level reach this level
- SUPPORT LEVEL : there is a red line below turning level around 57,363, indicates buying have already increase this level , so if the price breaking turning level reach this level
- PRICE MOVEMENT : as long as the price trade above turning level at 58,985 , reach a resistance level at 62,475 , then stable this level reach a 64,136 , if the price breaking turning level reach a support level at 57,363 , then stable below this level touch a 55,767
TARGET LEVEL :
- RESISTANCE LEVEL : 62,475 , 64,136
- SUPPORT LEVEL : 57,363 , 55,767
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