$BTC touched ***100.8k*** & Rebounded ๐
read both my previous posts and look at the charts . . . Trade Plan 1 & 2 both successful
$BTC UPDATE & ANALYSIS (NFA/DYOR)
โ๏ธEXPECTED PRICE ACTION โ๏ธ
a. 101.5k breaks, price falls to 100.8k or 99.2k (60% probable)
b. 102k breaks with high volume, rally to 102.8k - 103.4k (40% probable)
๐๐REASONS ๐๐
โญ๏ธ Price in High volatility Range with 99000 Support & 103000 Resistance levels
โ๏ธ EMA 9, 21 #bearish while EMA100 active Support @ 99.2k (critical level to watch)
โ๏ธ MACD bearish with divergence (higher chances of price rejection from 103k)
โ๏ธ Order Book shows 52% Bids (thin) vs. 48% ask (strong) = Bears waiting to Sell from 103k to 104.5K
โ๏ธEXPECTED PRICE ACTION โ๏ธ
a. 101.5k breaks, price falls to 100.8k or 99.2k (60% probable)
b. 102k breaks with high volume, rally to 102.8k - 103.4k (40% probable)
๐๐REASONS ๐๐
โญ๏ธ Price in High volatility Range with 99000 Support & 103000 Resistance levels
โ๏ธ EMA 9, 21 #bearish while EMA100 active Support @ 99.2k (critical level to watch)
โ๏ธ MACD bearish with divergence (higher chances of price rejection from 103k)
โ๏ธ Order Book shows 52% Bids (thin) vs. 48% ask (strong) = Bears waiting to Sell from 103k to 104.5K
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BTC
112,414.99
-1.71%