jonathonsnell23

Bitcoin Quick Analysis

Long
BITMEX:XBT   Bitcoin
Hello and Good Afternoon! Most of my analysis is on the chart but Bitcoin has technical support around $11,200-$11,180 also with the EMA 100 on the 4 Hour. I'm curious to see if our ST old support around $11,500/600 will become new resistance but as of now our next major resistance is around $11,950-$12,000 where we failed to break last night. If we break below $11,180 I'm expecting a dip to $10,600-$10,800 and on the flip side if we break above $12,130 I will be expecting a test to $12,500 and even possibly $13,200. Thank You For Your Time and I Will Post More Updates Later Today!!

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