After breaking several DEMAND levels even on H4 timeframe, BTCUSD is now ranging as previously predicted.
Trying to form a SUPPORT level if that could sustain its heights again.
On weekly time frame, price is currently on a long time formed UNTESTED SUPPORT level and below it is another supposed support point at 18k---
However, according to the drawn path (Check CHART ) we are expecting a retracement at least to 34k---- before a possible further fall but in case of any irregularities in the crypto market, retracement might not be necessary !
NOTE: Observe all risk management measures
Trying to form a SUPPORT level if that could sustain its heights again.
On weekly time frame, price is currently on a long time formed UNTESTED SUPPORT level and below it is another supposed support point at 18k---
However, according to the drawn path (Check CHART ) we are expecting a retracement at least to 34k---- before a possible further fall but in case of any irregularities in the crypto market, retracement might not be necessary !
NOTE: Observe all risk management measures
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.