Bitcoin - Major Resistance Zones to trade - Cryptocurrency
Major Levels To Watch
Support Zone : $31,500-$32,00
Major Resistance to break: $35,300
Resistance 2: $39,987
Target 1: $44,000
Resistance 3: $53,880
Currently trading at a large margin above the Ichimoku Cloud.
ETF news could Easily Drive this into the first resistance zone.
Right now we are seeing lower-than-expected volume for this range as many traders are still sidelined waiting for the official ETF launch.
Remember most of the crypto market is correlated to bitcoin in some manner. Pay attention to these levels if you are trading alt coins.
Support Zone : $31,500-$32,00
Major Resistance to break: $35,300
Resistance 2: $39,987
Target 1: $44,000
Resistance 3: $53,880
Currently trading at a large margin above the Ichimoku Cloud.
ETF news could Easily Drive this into the first resistance zone.
Right now we are seeing lower-than-expected volume for this range as many traders are still sidelined waiting for the official ETF launch.
Remember most of the crypto market is correlated to bitcoin in some manner. Pay attention to these levels if you are trading alt coins.
Related Ideas
