Arazmajeed

BTCUSD 4H : Support further rise up

Long
EIGHTCAP:BTCUSD   Bitcoin
BTCUSD

New forecast

Bitcoin price made some temporary downward correction and is trying to resume positive trading with the opening of the day, keeping the bullish trend scenario in place for the coming period, remembering that our next main target extends to 35048 and 35754.


Moving average 50 supports the proposed bullish wave, keeping in mind that breaking 33022 will stop the positive scenario and put the price under negative pressure again.

The expect range trading for today will be between resistance line 35754 and support line 33022.

support line : 33022 , 31044
resistance line : 35048 , 37000

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