what's up guys !?
As I analyzed before, you are aware of Bitcoin that after falling sharply to its strong support and today its in an accumulation phase .
And it is swinging in a range area which is trading between the yellow and red box now . if BTCusd loses this yellow support ,It can go down to green box next support area .
But if it increases, if the buying volume increases and by breaking up the red box (in lower 1hour chart) , it can rise again to the specified level of resistance ($41.2K-$42.2K )in the 4 hour time frame chart .
๐resistance level: ($38k -$38.5k)1H ------($41.2K-$42.2K)4H------($46.6K-$47.6K)4H
๐pivot zone: ($36K-36.4K)1H------($35.7K-$36.6K)4H
โ๏ธsupport levels: $33.5K-$34K
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๐This analysis is my personal opinion ,not a financial advice ,so do your own research.
๐ if you're a fan of my analyses PLZ follow me ,give a big thumbs ๐ and drop comment ๐ฏ๐ญ
As I analyzed before, you are aware of Bitcoin that after falling sharply to its strong support and today its in an accumulation phase .
And it is swinging in a range area which is trading between the yellow and red box now . if BTCusd loses this yellow support ,It can go down to green box next support area .
But if it increases, if the buying volume increases and by breaking up the red box (in lower 1hour chart) , it can rise again to the specified level of resistance ($41.2K-$42.2K )in the 4 hour time frame chart .
๐resistance level: ($38k -$38.5k)1H ------($41.2K-$42.2K)4H------($46.6K-$47.6K)4H
๐pivot zone: ($36K-36.4K)1H------($35.7K-$36.6K)4H
โ๏ธsupport levels: $33.5K-$34K
--------------------------------------------------------------------------------------------------------------------
๐This analysis is my personal opinion ,not a financial advice ,so do your own research.
๐ if you're a fan of my analyses PLZ follow me ,give a big thumbs ๐ and drop comment ๐ฏ๐ญ
