Hello Dear Traders,
(Crypto Market Cap : 441Billion , BTC Dominance:64.4%)
After Touching 16k Area ,This is 4th Day in a Row BTC is in a Tight Range
Our Supply Zone is Between 15600-15900
Our Demand Zone is Between 14400-14800
Today Weekly candle closed Strong bullish , also today was 4th attempt to cross supply zone bt again declined hard
and btc dumped back to demand zone ,likewise bulls also reacted very strong frm demand zone and price recovered very fast and trading above 15300, in this battle of BTC bulls and bears , ALTCOIN market dumped to an average 4%
in next 2-3 days Price will break this range with good amount of volume.
Today after Announcing Successful Covid vaccine trails ,Bitcoin fell approximately $1,000, over 6%, between 12:00 pm and 3:00 pm UTC today on the vaccine news, from $15,800 down to a daily low near $14,815, As we Know BTC and Dow jones are decoupled , Today DJI gaped up and was strong bullish bt BTC was declining this is sign tht BTC is going Independent path.
Right Now market is Extremely Volatile and uncertain so we are avoiding Trade Setups bt we will be back after range breakout of BTC
Please share your opinion and leave a comment and / or give it a like.
This trading idea has been presented to you by ROHITWORKSS
(Crypto Market Cap : 441Billion , BTC Dominance:64.4%)
After Touching 16k Area ,This is 4th Day in a Row BTC is in a Tight Range
Our Supply Zone is Between 15600-15900
Our Demand Zone is Between 14400-14800
Today Weekly candle closed Strong bullish , also today was 4th attempt to cross supply zone bt again declined hard
and btc dumped back to demand zone ,likewise bulls also reacted very strong frm demand zone and price recovered very fast and trading above 15300, in this battle of BTC bulls and bears , ALTCOIN market dumped to an average 4%
in next 2-3 days Price will break this range with good amount of volume.
Today after Announcing Successful Covid vaccine trails ,Bitcoin fell approximately $1,000, over 6%, between 12:00 pm and 3:00 pm UTC today on the vaccine news, from $15,800 down to a daily low near $14,815, As we Know BTC and Dow jones are decoupled , Today DJI gaped up and was strong bullish bt BTC was declining this is sign tht BTC is going Independent path.
Right Now market is Extremely Volatile and uncertain so we are avoiding Trade Setups bt we will be back after range breakout of BTC
Please share your opinion and leave a comment and / or give it a like.
This trading idea has been presented to you by ROHITWORKSS
