Bitcoin support levels - $20500 and $20000
Bitcoin resistance - $21,100 and $21,900
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BTC support is at $20,500 and Resistance is at $21,100. Trade carefully and manage your risk according to mentioned support and resistance levels.
Looking at 1 hour timeframe, BTC is trying to break 20 EMA resistance and volume is low. RSI is at 48 and Stoch Rsi is above 20, possibly showing a reversal from the oversold level.
100 EMA is also at $20,500 support.
Bitcoin resistance - $21,100 and $21,900
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BTC support is at $20,500 and Resistance is at $21,100. Trade carefully and manage your risk according to mentioned support and resistance levels.
Looking at 1 hour timeframe, BTC is trying to break 20 EMA resistance and volume is low. RSI is at 48 and Stoch Rsi is above 20, possibly showing a reversal from the oversold level.
100 EMA is also at $20,500 support.
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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.