Denomitrader

Denomitrader

Bitcoin is bouncing from a weekly zone, and forming a nice wedge, if we break 22k, price might look for 25k which is a daily resistance zone.

Denomitrader

R3 4354.50 R2 4311.00 R1 4232.25 Pivot 4188.75 S1 4110.00 S2 4066.50 S3 3987.75 Vah 4232.25 Poc 4213 Val 4180.5

Denomitrader

R3 4427.00 R2 4361.75 R1 4325.75 Pivot 4260.50 S1 4224.50 S2 4159.25 S3 4123.25 Vah 4257 Poc 4234 Val 4207.75

Denomitrader

R3 4468.33 R2 4424.42 R1 4339.58 Pivot 4295.67 S1 4210.83 S2 4166.92 S3 4082.08 Vah 4367.5 Poc 4336.25 Val 4294.5

Denomitrader

Value Area High 4472.5 Point of Control 4461.5 Value Area Low 4454.5 R3 4519.25 R2 4501.75 R1 4478.5 PIVOT 4461 S1 4437.75 S2 4420.25 S3 4397

Denomitrader

The market bounced from the 56-64 level to 4466 which is also the monthly VWAP, if the market can break this zone we can see 4500 to 4515, otherwise we might go back down to the 4356-4364 zone.

Denomitrader

Value Area High 4403.75 Point of Control 4399.00 Value Area Low 4380.25 R3 4455.5 R2 4431 R1 4413.75 PIVOT 4389.25 S1 4372 S2 4347.5 S3 4330.25

Denomitrader

Value Area High 4432.50 Point of Control 4419.00 Value Area Low 4396.00 R3 4504.25 R2 4480.00 R1 4433.75 Pivot 4409.50 S1 4363.25 S2 4339.00 S3 4292.75

Denomitrader

Price is breaking the descending wedge, there is some resistance at 4450 next we have 4500 as a resistance zone, and 4380 for support. Value Area High 4449.50 Point of Control 4442.50 Value Area Low 4407.50 R3 4528.00 R2 4488.75 R1 4465.50 Pivot ...

Denomitrader

Value Area High 4466.00 Point of Control 4450.00 Value Area Low 4398.50 R3 4539.75 R2 4503.25 R1 4448.50 Pivot 4412.00 S1 4357.25 S2 4320.75 S3 4266.00

Denomitrader

Value Area High 4451.00 Point of Control 4428.00 Value Area Low 4420.50 R3 4500.50 R2 4480.00 R1 4444.50 Pivot 4424.00 S1 4388.50 S2 4368.00 S3...

Denomitrader

I hope you guys had a good trading day, the levels for tomorrow haven't changed much, we still have 4450 as the immediate support after that 4415. for resistance we have 4500 and after that a minor resistance at 4525. Somebody asked me how I use these levels, and is very simple, If i have a S/R level and a pivot, plus the other factors that i look for then i take...

Denomitrader

After the Fed announcements we can go back to the trading, we can see the markets was waiting for the Fed in the afternoon, and tomorrow morning we have somebody else from the Fed talking, that usually gives the market some combustible to move fast. as for support resistance levels we have 4450 as the immediate support after that 4415. for resistance we have 4500...

Denomitrader

Taking a look at the 1H chart we can see that the close came down right to a previous structure level, if price bounces from this level we have some resistance at 4525-4530 after that 4550-4555, on the downside 4495 to 4500 would be our first support after that 4445 to 4450. Keep in mind that these level are mainly for daytrading.

Denomitrader

It looks like the bulls have taken control, if they can take 4580 they might look to get to 4610, in the other hand if they failed, 4555 might turn into a support zone to look for some long opportunities.

Denomitrader

Economic news MONDAY, APRIL 4 10 am Factory orders Feb. 10 am Core capital equipment orders (revision)

Denomitrader

Short term, intraday i will be looking for a bounce from the 50-61.8 fib levels.

Denomitrader

- Cypher pattern