BTCUSD hit the 4h support and a bounce expected
As mentioned in the last post, the price did pullback to 22860 level. However, that was quite quick. This 4 hour support is not that strong, however, this definitely will produce some bounce.
Depending on the bounce, the direction of further move will be decided. It seems that the probability to move up from here is a bit higher. However, I will be a bit cautious and watch the price action carefully.
Depending on the bounce, the direction of further move will be decided. It seems that the probability to move up from here is a bit higher. However, I will be a bit cautious and watch the price action carefully.
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