BTC has approached to strong support zone of 16000-17000 and bulls took control from there and push the price higher.
The bitcoin has made a top of 24200 and price get rejection from resistance zone.
Now the price is approaching to a good support zone which was previously a strong resistance zone.
The 200 EMA too will also act as support and 0.50 fib level also confluence with horizontal support zone
Mange your trades accordingly.
The bitcoin has made a top of 24200 and price get rejection from resistance zone.
Now the price is approaching to a good support zone which was previously a strong resistance zone.
The 200 EMA too will also act as support and 0.50 fib level also confluence with horizontal support zone
Mange your trades accordingly.
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