Bitcoin support levels - $20,000 and $19,500
Bitcoin resistance - $20,500 and $21,000
Market depends upon Bitcoin movement so trade carefully with risk management as per our prediction
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Analysis -
BTC Support is at $20,000 and $19500. Resistance is at $20500 and $21000. Trade carefully and manage your risk according to mentioned support and resistance levels. BTC has been rejected multiple times at 20,500 resistance as observed from previous price action.
Looking at 4 hour chart, BTC is above 20/50/100/200 EMA with RSI at 70 (over bought) and Stoch RSI over 80.
BTC closed its daily candle green at $20,080.
Bitcoin resistance - $20,500 and $21,000
Market depends upon Bitcoin movement so trade carefully with risk management as per our prediction
———————————————————————
Analysis -
BTC Support is at $20,000 and $19500. Resistance is at $20500 and $21000. Trade carefully and manage your risk according to mentioned support and resistance levels. BTC has been rejected multiple times at 20,500 resistance as observed from previous price action.
Looking at 4 hour chart, BTC is above 20/50/100/200 EMA with RSI at 70 (over bought) and Stoch RSI over 80.
BTC closed its daily candle green at $20,080.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.