Bitcoin
Short

BITCOIN ( SENSITIVE AREA ) ( 4H )

Di ArinaKarayi
Aggiornato
BITCOIN

HELLO TRADERS

  • Tendency the price inside a sensitive area

  • TURNING LEVEL : a black line between resistance and support level around 59,222 , indicates if the price stabilizing below this level reach support level , if the breaking turning level reach a resistance level

  • RESISTANCE LEVEL : there is a green line above turning level around 61,964, indicates selling have already increase this level , when you reach this level buyer have more supply for bitcoin

  • SUPPORT LEVEL : there is a red line below turning level around 56,702 , indicates buying have already increase this level , when you reach this level selling have more demand for bitcoin

  • PRICE MOVEMENT : the price trading a sensitive area , generally stabilizing below turning level , indicates the price has taken a bearish


SHORT CONDITION : the price trying to reach a turning level around 59,222 , before dropping to touch a support level at 56,702 , then breaking this level reach demand zone at 54,321

LONG CONDITION : after breaking a turning level by open 4h or 1h candle above 59,222 , the price it will attempt to reach a resistance level at 61,964 , then breaking this level reach a 64,179

TARGET LEVEL :
  • RESISTANCE LEVEL : 61,964, 64,179
  • SUPPORT LEVEL : 56,702 , 54,321
Trade attivo
still trying to reach a turning level before dropping , beware breaking turning level by open 4h or 1h above this level began base to reach a resistance level and active bullish zone
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