Current upside and downside levels to watch:
Upside:
- In order to see more upside, BTC must hold $21485
- Looking for some strong buying pressure to push back up to range highs
- Possible re-test of S/R levels
Downside:
- Lose $21485 and I see BTC dropping hard down below $20k
- Possible test of 50 & 200 emas. Will these act as support?
BTC is still moving within the same range it has for the past few months and I see no signs of it breaking.
Upside:
- In order to see more upside, BTC must hold $21485
- Looking for some strong buying pressure to push back up to range highs
- Possible re-test of S/R levels
Downside:
- Lose $21485 and I see BTC dropping hard down below $20k
- Possible test of 50 & 200 emas. Will these act as support?
BTC is still moving within the same range it has for the past few months and I see no signs of it breaking.