BITCOIN PRICE PROJECTION

I strongly see the wall as stiff resistance as prices continue to struggle to climb over it'
A fall back to 35000 can be a possibility

Note

46766 a crucial support level may be punctured in couple of hours from now.

Note

At 49907 CMP : We are witnessing a chance for fresh short or add to previously held short positions

Note

Prices creating reversal wedge pattern in between 48000-51000
The bull resurgence may soon run out of fuel

Note

The range of 46000-51000 will eventually prove to be a lot lethal for bulls then they ought for

Note

Here, comes the reversal from 50000. As price fall off the "diamond pattern"

Note

Prices and Volume are at divergence over daily charts ,strengthening the case of bearish reversal

Note

Prices forming trend continuation patterns over hourly charts.

Note

47000 has established itself as an immediate resistance

PrateekKumar

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

PrateekKumar

Also on: