CRYPTO MARKET
Pakistan Time: 05:30 AM
Bitcoin support levels -19,000 and 18600 USD strong Support (is Ka Matlab yahan buyers hain)
Bitcoin resistance - 19,500 and 20,000 USD strong resistance (is Ka Matlab k yahan sell karney walay hain, sell hoga bitcoin)
Bitcoin per market depend karti hain tu ap ko update de di hai - is k according plan apko khud karna hai AB kiya karna hai apna funds kay sath.
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Analysis
BTC support is at 19,000 and resistance is at 19,500. BTC daily candle was RED closing at 19176, 198 less than the previous closing.
During weekends volume is low as mostly all global financial markets are closed.
BTC below EMA 20/50/100/200 both at 1 hour and 4-hour timeframe. However, at 15 minutes timeframe, BTC is trying to take support from EMA 20 and a break towards 19355 can lead to 19500 resistance. However, if EMA 20 support does not take place testing towards 19000 support will also be possible. Trade carefully and manage risk according mentioned support and resistance levels.
Pakistan Time: 05:30 AM
Bitcoin support levels -19,000 and 18600 USD strong Support (is Ka Matlab yahan buyers hain)
Bitcoin resistance - 19,500 and 20,000 USD strong resistance (is Ka Matlab k yahan sell karney walay hain, sell hoga bitcoin)
Bitcoin per market depend karti hain tu ap ko update de di hai - is k according plan apko khud karna hai AB kiya karna hai apna funds kay sath.
---------------------------------------------------------------------
Analysis
BTC support is at 19,000 and resistance is at 19,500. BTC daily candle was RED closing at 19176, 198 less than the previous closing.
During weekends volume is low as mostly all global financial markets are closed.
BTC below EMA 20/50/100/200 both at 1 hour and 4-hour timeframe. However, at 15 minutes timeframe, BTC is trying to take support from EMA 20 and a break towards 19355 can lead to 19500 resistance. However, if EMA 20 support does not take place testing towards 19000 support will also be possible. Trade carefully and manage risk according mentioned support and resistance levels.