BITCOIN / UNDER TURNING LEVEL AT 60,895 - 4H
HELLO TRADERS
overall trading below 60,895 , it indicates prices of bitcoin under downward pressure.
Currently, prices are rising, approaching a critical turning point at 60,895. As long as trading remains below this level and stabilizes underneath it, a decline is expected, potentially reaching the support level at 57,827, and further down to 55,916.
However, by breaking through this level and closing a 4-hour candle above it, prices could rise toward 63,611. To confirm an uptrend, prices need to remain above this level, which would suggest a continuation toward 66,527.
UPWARD TARGET : 633,611 , 66,525.
DOWNWARD TARGET : 57,827 , 55,916.
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.