#BTC 4h
The closest scenario for the movement of Bitcoin. If support in the form of a black line on the chart is broken, then the price is most likely to go to test more tight support near the level of 6200, from which the market is likely to jump to the upper bound. If the price continues to move sideways or upwards, then you should wait until the resistance of 6800 is overcome, which will give an opportunity to make an impulsive breakthrough and build growth to the next resistance of 7350.
The closest scenario for the movement of Bitcoin. If support in the form of a black line on the chart is broken, then the price is most likely to go to test more tight support near the level of 6200, from which the market is likely to jump to the upper bound. If the price continues to move sideways or upwards, then you should wait until the resistance of 6800 is overcome, which will give an opportunity to make an impulsive breakthrough and build growth to the next resistance of 7350.
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#BTC 4h
Let's go down. At the moment, not only the support of 6200 (as it was said in the last post), but also an area around 6330 can make a rebound zone.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.