Bitcoin pulled back to Weekly 20sma and bounced back to Daily 20sma ✅✅ 🎯 Key Levels to Watch: • Above: 112900 / 113430 / 114150 • Below: 111850 / 110484 / 109270 🔥 BTC Liquidation Heatmap: • Above: 113855 / 114200 / 115645 • Below: 111636 / 110480 / 109129 $BTC bounced just ~120 USD above W20sma and now price is back at the top of 11 days range (red zone). Above it wide fair value gap up to ~114300 at least. That means that if breakout happen, it will cause price to travel that distance fast and easy. Next resistance starts at 4H OB around 114700. Are we bullish again? As I wrote before Weekly 20sma was a crucial level for price to bounce in order to keep HTF uptrend. The bounce happened, but that move didn't create HH or HL on daily yet. Waiting for that breakout to confirm HH that will increase chances for HTF uptrend to stay valid. Increase chances. Cause nothing is ever certain here. Short term: if pullback happens first watch zones around 111700 and 110500 (correlates with dev Y VWAP VAH). ⏰ TG alarms set for: 113430, 111700, 106700, Year VAH & Week 20-sma TV - tradingview.com/symbols/BTCUSD #BTCUSD #BTCUSDT #Crypto #cryptocurrency #CryptoRecovery

Zen
@WiseAnalyze
📉 Bitcoin Daily 📈
Bitcoin missed Daily 20sma just a little and got rejected. So a priori we count it as lower high at 4H chart.
🎯 Key Levels to Watch:
• Above: 111850 / 112900 / 114150
• Below: 110118 / 109145 / 108208
🔥 BTC Liquidation Heatmap:
• Above: 112620 / 113408 x.com/WiseAnalyze/st…


Sector:
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share