BITCOIN MARKET UPDATE
Pakistan Time: 06:28 AM
1: Bitcoin support levels - $16,300 and $15600 strong Support (is Ka Matlab yahan buyers hain).
2: Bitcoin resistance - $17200 and $18500 strong resistance (is Ka Matlab k yahan sell karney walay hain, sell hoga bitcoin).
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Analysis -
BTC Support is at $16,300 and strong support is at $15,600. Resistance is at $17200 and strong resistance is at $18,500.
BTC closed its daily candle green at $16,900.
Looking at 1-hour timeframe, BTC has tested $17,200 resistance level and got support from $16,600. After $17,200 resistance, there is 200 EMA resistance around $17400-$17500. Trade carefully and manage your risk according to mentioned support and resistance levels.
Pakistan Time: 06:28 AM
1: Bitcoin support levels - $16,300 and $15600 strong Support (is Ka Matlab yahan buyers hain).
2: Bitcoin resistance - $17200 and $18500 strong resistance (is Ka Matlab k yahan sell karney walay hain, sell hoga bitcoin).
———————————————————————
Analysis -
BTC Support is at $16,300 and strong support is at $15,600. Resistance is at $17200 and strong resistance is at $18,500.
BTC closed its daily candle green at $16,900.
Looking at 1-hour timeframe, BTC has tested $17,200 resistance level and got support from $16,600. After $17,200 resistance, there is 200 EMA resistance around $17400-$17500. Trade carefully and manage your risk according to mentioned support and resistance levels.