BITCOIN ,the quick buy back at 100k level on demand floor faces a strong supply roof at 106k-105.98k level.
the rejection at 106k -105.98k level is backed by broken demand floor to act a supply roof .if buyers don't break this roof they could retest 100k again and break below will trigger 97k daily support zone .
on a flip side,a break and close followed by successful retest will be eyeing 113k-115k ascending supply roof based on the ascending trendline structure on daily.
the rejection at 106k -105.98k level is backed by broken demand floor to act a supply roof .if buyers don't break this roof they could retest 100k again and break below will trigger 97k daily support zone .
on a flip side,a break and close followed by successful retest will be eyeing 113k-115k ascending supply roof based on the ascending trendline structure on daily.
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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.