Hello Traders, I have an price action analysis for both bitcoin buyers and sellers so stay tuned.
For Buyers: Idea no.1: Look to go long on pullback to support zone of 9005 - 9023. StopLoss : below Support zone. Take Profit : 12500 Idea no.2: Look for Breakout of 12589 -13059 and Go Long. StopLoss : Below 12000 Take Profit : 16000
For Sellers: Idea no.1: Go short on move to Resistance zone of 12589 - 13059. Stoploss : Above Resistance zone Take Profit : 10000 Idea no .2 : Go Short Once Candle Close below 9000. Stoploss : 9500 Takeprofit : 7000