META REPORT OF BTC
META MARKET REPORT BITCOIN 13 July 22.
Goodday Traders,
Reporting from Konoha City,
Below my overview for BTC, Ill be observing more and taking some quick trades today.
1(Orange). Yesterday bitcoin followed its 4hr down trendline (Blue Trend), managed to hold on its 15 min bold lv at 19554.9 (Cyan) before it went up testing 4hr trendline and pierced through the support lv and dailly trendline. However, a daily hold lv at 19272 (Red) still holding the move, possibly to retest the 4hr down trendline or backtesting the daily trend.
2 (Cyan). Current move, btc bouncing out of its daily hold lv at 19272 (Red) , held down by 4 hr resistance lv at 19578 (Blue line)
What could happend today?
Retesting 4 hr hold lv at 19578.
Retesting 4 hr trendline.
Testing daily backside trendline (Red)
IF BTC managed to be contained between these ranges, it mostly will move further down.
Be careful, btc is very volatile on this range.
This is an article, not financial advice, always do your own research.
If you have any questions, you can write it in comments below, and I will answer them.
And please don't forget to support this idea with your like and comment, thank you.
Goodluck Traders!
Goodday Traders,
Reporting from Konoha City,
Below my overview for BTC, Ill be observing more and taking some quick trades today.
1(Orange). Yesterday bitcoin followed its 4hr down trendline (Blue Trend), managed to hold on its 15 min bold lv at 19554.9 (Cyan) before it went up testing 4hr trendline and pierced through the support lv and dailly trendline. However, a daily hold lv at 19272 (Red) still holding the move, possibly to retest the 4hr down trendline or backtesting the daily trend.
2 (Cyan). Current move, btc bouncing out of its daily hold lv at 19272 (Red) , held down by 4 hr resistance lv at 19578 (Blue line)
What could happend today?
Retesting 4 hr hold lv at 19578.
Retesting 4 hr trendline.
Testing daily backside trendline (Red)
IF BTC managed to be contained between these ranges, it mostly will move further down.
Be careful, btc is very volatile on this range.
This is an article, not financial advice, always do your own research.
If you have any questions, you can write it in comments below, and I will answer them.
And please don't forget to support this idea with your like and comment, thank you.
Goodluck Traders!
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