AlanSantana

Bitcoin NEXT Important Support & Resistance Levels

BITFINEX:BTCUSD   Bitcoin
Let me share with you some of the most important Support and Resistance levels for Bitcoin based on multiple techniques... Hit LIKE for us to get started.

Bitcoin Daily TF Support Levels

- $36400 (Immediate support as last low)
- $32950 (24-Jan. Candle wick low)
- $30000 (30K Psychological support level)
- $29300 (July's 2021 low)

Bitcoin Daily TF Resistance Levels

- $39000/$40000 (EMA10/EMA21 resistance)
- $42000 (EMA50 resistance)
- $44444 (0.618 Fib. Retracement level relative to the last bullish wave).
- $49000 (MA200 / 0.5 Fib. Retracement level).

There you have it...
The support and resistance levels can change based on the timeframe you are looking at.

For direction, predictions and chart technicals, visit my profile for more trade ideas/analyzes.
www.tradingview.com/u/AlanSantana/

Thank you for reading.

Namaste.

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