BTC is staying strongly above the Demand H1. We can see this level as a support area.
BTC possibly goes back test 8950-9000 with the appearance of Supply H1 and Resistance Line.
What we should do now is waiting for a reversal signal.
There is a possible bullback:
- BTC continually pull back to Demand D4 7850 -8000. There is also a strong support from MA100 D1 at...
Currently, BTC is showing a good growth signal in the Upward channel after a drop to $ 3800
BTC decreases to Demand D1 8500-8400 and back test at Supply D4 9200
Technical Analysis shows that $9,200 is an important level with below critical keys to watch:
- $9,200-9400$ is Supply D4 with the appearance of a Fibonacci level 0.786
-The resistance line of the...