BITCOIN ( TRADING ABOVE DEMAND ZONE ) ( 1D )

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BITCOIN

HELLO TRADERS

  • TENDENCY : generally the price stabilizing above turning level , indicates is under bullish pressure

  • TURNING LEVEL : the price around 57,056 , as long as the price trading above this level reach a resistance level , breaking this level trying to touch a support level

  • PRICE MOVEMENT : the price in previously can be stabilizing above turning level around 57,056 , and created a demand zone , currently price at 59,731 , my opinion the price retest a turning level 57,056 after rising my goal resistance level at 62,452 .

  • PRICE ACTION :

  1. LONG CONDITION : have two cases to rising for reach a resistance level , first case the price toward directly reach a resistance level at 62,452 , second case price corrective a turning level at 57,056 before rising , if the price breaking supply zone reach a resistance level at 68,362

  2. SHORT CONDITION : if the price breaking 57,056 by open 1D candle below this level reach a support level at 53,664 , then stabilizing below this level reach a 49,963 .

TARGET LEVEL :
  • RESISTANCE LEVEL :62,452 , 68,362
  • SUPPORT LEVEL : 53,664 , 49,963
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トレード稼働中
bitcoin rose significantly because of the attack on trump , as I mentioned
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