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Long

BITCOIN ( LONG ) ( 4H )

By ArinaKarayi
Updated
BITCOIN

HELLO TRADERS

  • Tendency , the price is under bullish pressure until trade above turning level .

  • TURNING LEVEL : the price of turning level around 66,400 , indicates the price trade above this level reach a resistance level , but if breaking this level reach a support level .

  • RESISTANCE LEVEL (1) : around 69,648 , for reach this level will be stabilizing above turning level .

  • RESISTANCE LEVEL (2) : around 71,685 , for reach this level the price will stabilizing above resistance level (1)

  • SUPPORT LEVEL (1) : support level at 63,345 , for reach this level will be breaking and stabilizing below turning level .

  • SUPPORT LEVEL (2) : support level at 59,299, for reach this level will be breaking by open 4h candle below support level (1) .

  • CORRECTIVE LEVEL : the price retest before rising at 66,400 .

TARGET LEVEL :
  • RESISTANCE LEVEL : 69,648, 71,685 .
  • SUPPORT LEVEL ; 63,345 , 59,299 .
Trade active
Trade active
snapshot
dropping to FVG area , have two scenario , first the price trading above FVG reach a resistance level , But if breaking FVG reach a support level
Bitcoin (Cryptocurrency)bitcoinmarketsbitcoinnewssbitcoinsignalsbitcointradersbitcointradingbitcointrendbtcusdanalysisBTCUSDTChart PatternsHarmonic PatternsTrend Analysis
ArinaKarayi

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