btc support ressistence analysis binance
support found araund 10500 10700 is a very important level that must hold then we have 10 k support that was a very important ressitence
big move may happen if we cross 11400 givin momentun to cross 12300
but we need see a cross in the 13.5 k area and 14.k area if no we will just mark a double top and drop to 10 k are or under
so far trend look extremly bullish even with the big retrace
just a analysis of what is going on at the momemt a cross under 10 k could mean drop under 9 k or 8 k area
hope this small analysis was helpful
so far rsi in the 4 hours benn aiming for a bounce since 10700
but the daily rsi is aiming for a retrace
big move may happen if we cross 11400 givin momentun to cross 12300
but we need see a cross in the 13.5 k area and 14.k area if no we will just mark a double top and drop to 10 k are or under
so far trend look extremly bullish even with the big retrace
just a analysis of what is going on at the momemt a cross under 10 k could mean drop under 9 k or 8 k area
hope this small analysis was helpful
so far rsi in the 4 hours benn aiming for a bounce since 10700
but the daily rsi is aiming for a retrace
Comment:
Btc about to retest the 12300 12600 area
Comment:
btc fail 10700 10500 and looks like we just broke the 10 support we may dip to 8.9k or 8.5 k
Comment:
we need break 10700 for comfirmation for more uptrend
Comment:
those are the 2 scenarios going on