Bitcoin Very Important Zone ( $28400 or $12000 ..? ) Must Read

19 de jul. de 2022

#Bitcoin Technical Analysis:-

BITCOIN Currently trading around $22000

Aa per Chart Previous Supply zone was around $31300-$32100 and Bitcoin Rejected from This supply Zone.
And Dump -40% from This Supply zone. ( From $32100 to $17800 )
And Previous Supply zone support was $28400

Now Current Scenario:-
Now Supply zone is $21700-$22800
And This is Very Important level to watch.
If Bitcoin Break $22800 Level ( Supply Zone ) then we can see $28400 & $32000 Level.

But If Rejected from this level then ready to See Bitcoin Price around $12000-$13000
This Supply zone support is $18800

And Next Support is $12000-$13000 ( As per Bear Flag Pole )

So $22800 Level is very Important guys.
Never trade blindly.
If daily candle close above $23000 then we can see $28400

Scenario 1 & Scenario 2 Depends only $22800 Level supply zone.

22 de jul. de 2022

Trade ativo

#Bitcoin Technical Analysis:-

BTC currently trading at $23500
And Breakout Supply zone ( $22800 ) which I was Posted will be Long entry.

Now…?
Now I opened Small position and If down then add some more.

Entry:- $22800-$23600
Targets:- $28400/$32300
Stop Loss:- $22340 ( $21580 for Strong hand )


Now I am expecting some Upward move toward $28400 and $31500-$32300

Because Horizontal Resistance broke out and now became strong Support.

Now Supply zone convert in Demand Zone .


Reversal Point:- IMO Reversal Point will be $28400 or $32500 ( Not Financial advice its my own View )

But Most Important Point:- If Rejected from My Above Level ( $28400 or $32500 ) Then Ready for New Low ( Below $17000 )
But If break $32300 then We Entered in Bull Market again. )

Hope You learned with My Education content and Like my work.

Thank you.