Bitcoin bottoming formation
Bitcoin is finally experiencing the retrace after pumping 1000$ in one giant candle and we have a wonderful range to work with.
Resistance :
- Range High (11069$)
- 25% range level (10763$)
Support :
- 75% Range Level (10157$)
- Range Low (9850$)
Game Plan.....
Longing the breaker (yellow zone) formed at Range Low, Targeting the resistance at Range High, will cut half there and keep the remaining half to see if we continue the bullish momentum further up!
Trade from level to level, keep it simple!
Cheers!
Resistance :
- Range High (11069$)
- 25% range level (10763$)
Support :
- 75% Range Level (10157$)
- Range Low (9850$)
Game Plan.....
Longing the breaker (yellow zone) formed at Range Low, Targeting the resistance at Range High, will cut half there and keep the remaining half to see if we continue the bullish momentum further up!
Trade from level to level, keep it simple!
Cheers!
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