If you recall from my last BTC analysis where we aim for 11k, now this is done and dusted, still BTC have more to offer provided if price holding above 9400usd.
What is important about this 9400usd zone is a level directly below CME gap which will likely get filled before further BTC rally and at same time price seems to be maintaining the rising channel. The channel is shown below.
From the channel two levels(10k3 and 9k4) are very important and will likely serve as BUY BACK ZONE should incase BTC retrace from this current zone of 11k4.
In addition to the above, checking through 3days chart there is huge breakout with serious volume and this also have immediate target pointing towards 14k zone.
More market update to follow as soon as I discover them.
Kindly go through the chart and do leave us with your comments to let us know how you feel about my latest view.
Moreover REMEMBER to appreciate my effort with your likes and always subscribe(Click follow) to our profile for fast and quick daily updates on all our trading ideas
Thank you.
What is important about this 9400usd zone is a level directly below CME gap which will likely get filled before further BTC rally and at same time price seems to be maintaining the rising channel. The channel is shown below.
From the channel two levels(10k3 and 9k4) are very important and will likely serve as BUY BACK ZONE should incase BTC retrace from this current zone of 11k4.
In addition to the above, checking through 3days chart there is huge breakout with serious volume and this also have immediate target pointing towards 14k zone.
More market update to follow as soon as I discover them.
Kindly go through the chart and do leave us with your comments to let us know how you feel about my latest view.
Moreover REMEMBER to appreciate my effort with your likes and always subscribe(Click follow) to our profile for fast and quick daily updates on all our trading ideas
Thank you.
Trade active:
Market presently establish 2 strong level first is 11250 as immediate resistance and 10800 as immediate support. We should look for breakout level within this little range of price.
Breakout from 11250 will take us to probably 12k3 zone While breakdown from 10800 will lead us to 10200-10k4
Breakout from 11250 will take us to probably 12k3 zone While breakdown from 10800 will lead us to 10200-10k4
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