BTC Analysis
BTC Analysis:
On the 1-hour chart, the low of 66,648 was swept for liquidity. On the 4-hour chart, there is another demand zone near the low of 64,800.
The daily chart shows a bearish engulfing pattern at 68,000, but the price has not yet touched that level and may drop as part of a correction. However, the 15-minute chart has already corrected after previously touching resistance at 69,500.
The major daily support is at 58,500, and the 4-hour support is at 64,800. The 1-hour support has already been swept.
Current range: 65,800 - 69,500 (high chance of breaking this range).
next major tp-72000 or above
good luck
On the 1-hour chart, the low of 66,648 was swept for liquidity. On the 4-hour chart, there is another demand zone near the low of 64,800.
The daily chart shows a bearish engulfing pattern at 68,000, but the price has not yet touched that level and may drop as part of a correction. However, the 15-minute chart has already corrected after previously touching resistance at 69,500.
The major daily support is at 58,500, and the 4-hour support is at 64,800. The 1-hour support has already been swept.
Current range: 65,800 - 69,500 (high chance of breaking this range).
next major tp-72000 or above
good luck
Nota
consider 1d chart, weekly chart analysis.
this analytics swing and day trading purpose
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