34165 is a monthly deciding level. Close below it can lead to down trend to 26000 levels
If 31234 is held on weekly basis, then a pullback till 32800 is possible
If 39600 is held on weekly basis then we are heading higher, else we are headed to 34900 levels on the downside. To move higher, we need to start trading above 42000 levels.
40100 to 40500 is the deciding level for the down trend.
18100 to 18250 is a deciding zone. If there is a good resistance ~18200 and we can go short for 17750 as the 1st target. From 19-Oct high to 25-Oct low we did a 50% retracement From 27-Oct high to 29-Oct low we did a 50% retracement From 19-Oct high to 29-Oct low we are about to complete a 50% or 61.8% retracement and may fill the gap around 18200. Close...
66523 is going to be critical level to watch out for. It may pause a while around this level or dip a bit to 59k level and continue its up move.
BTC nearing resistance Zone or supply zone from 44600 to 46500
Trading within a range of 94 to 89.40 is very likely. But breaching 89.400 may lead to test 87-86 levels
If 35150 is not reached then we may soon see the half way mark of 33000 and then the 31100. Its going to be an interesting year ahead.
Breaking 29900 might be hard but breaching that will lead to testing of 20000 levels
If we are not closing above 32500 by close of play today then in downside, the first target would be 31687 and their 30921 and it may go little deeper for 100-200 pts and there is no upside movement till T2 is achieved. Its bcos the smart money wants to shave out all the loose hands and then the market will come to the same rate of 34500 in next month but not this...
Support at 390 is based on the previous tested zone. From 430 till 390 is untested zone.
Long bar in Apr'20 after the fall started in Apr'15. Coincidence or big move coming?