Between 18,000 and 22,000 is a crucial price range for bitcoin.
Because the analysis of our four-hour candle can alter depending on where it closes, we must be patient to establish the direction of price movement.
In general, we can anticipate a price increase to the level of 22251 if the price crosses the crucial area of 20242 and closes its candlestick above this level.
It is expected that the price will drop to the level of 18015 if it is unable to hold above this key area and finishes its four-hour candle below the red box.
- The level of 18400 represents the ideal halt for long positions.
- The level of 21169 is the ideal stop-loss level for a short trade.
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CrazyS
Comment:
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