Analytics Bitcoin daily 1/13/2021

89
In chart 4h

We have see Bitcoin side ways in $35.200 - $32.400

How to know Bitcoin bouncing and pullback in the next time?

MACD and RSI in 4h is very low.

In short-term we can know Bitcoin go to uptrend and downtrend use zone resistance and zone support

With uptrend when candles 1 Day close with price higher $36.000.
Bitcoin will establish new uptrend with short-target same as:
(1) $38.000
(2) $40.000
(3) $42.000

With uptrend when candles 1 day close with price lower $34.000
Bitcoin have break down move with short-target same as:
(1) $32.000
(2) $30.400
(3) $28.000

A fews recommend buy a little BTC in zone support and wait BTC rehibilitate and sell it when price back 4-10%

Thanks


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