Hello traders,
Till now BTC is performing well according to my last chart update, in the current scenario, BTC is trading below the upper resistance zone level of $19600 which it needs to break above to gain some % towards the price level of $21k.
Rejection from the current level will lead BTC again to melt down towards the lower support zone of $18600.
MACD also prints a bullish divergence, a positive signal for BTC to grow above.
Let’s hope for the best and see how it goes in the upcoming hours will it be able to break above or not?
So, do your own research before any trade and hit the like button if you find this analysis helpful.
This is not financial advice.
Thank you.
Till now BTC is performing well according to my last chart update, in the current scenario, BTC is trading below the upper resistance zone level of $19600 which it needs to break above to gain some % towards the price level of $21k.
Rejection from the current level will lead BTC again to melt down towards the lower support zone of $18600.
MACD also prints a bullish divergence, a positive signal for BTC to grow above.
Let’s hope for the best and see how it goes in the upcoming hours will it be able to break above or not?
So, do your own research before any trade and hit the like button if you find this analysis helpful.
This is not financial advice.
Thank you.
