BITCOIN ( BETWEEN TWO TURNING LEVEL ) (4H)
BITCOIN
HELLO TRADERS
TARGET LEVEL :
HELLO TRADERS
- Tendency , the price inside two turning level around 65,707 & 63,416 .
- TURNING LEVEL (1) : the price of this level at 65,707 , so if the price breaking this level reach a resistance level (1) .
- TURNING LEVEL (2) : the price of this level at 63,416 , so if the price breaking this level reach a support level (1) .
- RESISTANCE LEVEL (1) : this level around 68,199 , for reach this resistance level the price need breaking a turning level (1) .
- RESISTANCE LEVEL (2) : around 69,602 , for reach this level it will be breaking by open 4h or 1h candle above resistance level (1)
- SUPPORT LEVEL (1) : this level around 60,065 , for reach this support level the price need breaking a turning level (2) .
- SUPPORT LEVEL (2) : support level at 58,203 , for reach this level will be breaking by open 4h candle below support level (1) .
- CORRECTIVE LEVEL : currently price 64,819 , have two scenario , first corrective turning level (1), before dropping to touch a turning level (2) , then breaking this level reach a support level (1), second corrective turning level (2) , to reach a turning level (1) , then breaking this level reach a resistance level (1).
TARGET LEVEL :
- RESISTANCE LEVEL : 68,199 , 69,602 .
- SUPPORT LEVEL :60,065 , 58,203 .
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