#BTC/USD Quick Update
📊 4H-Frame 📉 S & R 📈 Chart Update
Last night, Fortunately, #Bitcoin started a new uptrend wave and bounced up precisely from the strong support area (Green Area).
Now, We need to close the daily candle above the crucial 20500 level to have a chance for further increases.
A quick retrace to the 20200 level can happen in the next hours, But it's better for #BTC to stay above 20200$.
Breaking down the 20200$ may start a correction move to the 19600~19200$ area!
So. Keep your eyes on the daily candles closes.
The most important resistance is located at 21700$ area.
📊 4H-Frame 📉 S & R 📈 Chart Update
Last night, Fortunately, #Bitcoin started a new uptrend wave and bounced up precisely from the strong support area (Green Area).
Now, We need to close the daily candle above the crucial 20500 level to have a chance for further increases.
A quick retrace to the 20200 level can happen in the next hours, But it's better for #BTC to stay above 20200$.
Breaking down the 20200$ may start a correction move to the 19600~19200$ area!
So. Keep your eyes on the daily candles closes.
The most important resistance is located at 21700$ area.