trader77974

Keylevels to watch for Bitcoin/Dollar

Long
trader77974 Updated   
KRAKEN:BTCUSD   Bitcoin
The $51684.9 level is a strong S/R line because this corresponds to a Kijun Sen flat line and Senkou Span B flat line.

We can see that the current 4-Hour japanese candlestick has its high that corresponds to this $51684.9 value.

In an uptrend scenario, the keylevels to watch are :
$51684
$52679
$53668

The price might go down to $50004 (H3 Tenkan sen flat line + Kijun sen flat line) before going uptrend again.
$50004 might be a strong support for the price.


Comment:
The price has got under $50004.
The current support is $49033 (SSB).
Comment:
$46642 (H3 Kijun Sen Line) has been a support.

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