Crypto market update
Pakistan Time: 5:47 AM
Bitcoin support levels - 20,000 USD and 19,500 USD strong Support (it means buyers)
Bitcoin resistance - 20,500 and 21,500 USD strong resistance (is Ka Matlab k yahan sell karney walay hain, sell hoga bitcoin)
Bitcoin per market depend karti hain tu ap ko update de di hai - is k according plan apko khud karna hai AB kiya karna hai apna funds k sath.
———————————————————————
Analysis -
BTC support is at 20,000 and resistance is at 20,500.
Looking at the four-hour timeframe, BTC has made two green candles with the current candle also being green. BTC is potentially heading towards the 20500 resistance level, do note BTC has got rejected from this level multiple times so be careful. Watch volume, if BTC manages to break this level with high buying volume the next major resistance will be at 21500. Trade carefully and manage risk between support and resistance levels.
BTC closed its daily candle red, opening at 20337, making low at 1973, high at 20365, and closing at 20158.
Pakistan Time: 5:47 AM
Bitcoin support levels - 20,000 USD and 19,500 USD strong Support (it means buyers)
Bitcoin resistance - 20,500 and 21,500 USD strong resistance (is Ka Matlab k yahan sell karney walay hain, sell hoga bitcoin)
Bitcoin per market depend karti hain tu ap ko update de di hai - is k according plan apko khud karna hai AB kiya karna hai apna funds k sath.
———————————————————————
Analysis -
BTC support is at 20,000 and resistance is at 20,500.
Looking at the four-hour timeframe, BTC has made two green candles with the current candle also being green. BTC is potentially heading towards the 20500 resistance level, do note BTC has got rejected from this level multiple times so be careful. Watch volume, if BTC manages to break this level with high buying volume the next major resistance will be at 21500. Trade carefully and manage risk between support and resistance levels.
BTC closed its daily candle red, opening at 20337, making low at 1973, high at 20365, and closing at 20158.
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.