Bitcoin 4H

17 giu 2022

BTCUSDT
BTCUSD
Due to the price trend in Bitcoin four-hour time, the rectangle drawn in the chart is very important.
If the price can be supported at the level of 20667 and the four-hour candle closes above this level, we can expect the price to have a growth towards 22595 and the trend line.
Due to the critical situation of Bitcoin and markets, this is a risky position.
If the price fails to hold the level of 22107, and also closes its four-hour candlestick below it, one can expect the price to fall to the level of 19000 or lower.
The optimal stop is for the buy area below 22107.
Optimal stop trading is above the level of 22595.
Of course, our group expects Bitcoin not to simply lose the 20,000 price, or at least not today or tomorrow.

Like and share the concepts and analysis if you find them useful.
CrazyS.