BTCUSD Price Action Range| Range High| Range Low

18 มิ.ย. 2021

Evening Traders,

Today’s analysis – BTCUSD- trading in a clear defined range where a directional bias will be imminent

Points to consider,
- Price Action Impulsive
- Range Low Support
- Range High Resistance
- Low Volume

BTCUSD’s immediate price action is trading with two key boundaries, range high and range support, breaking either will allows for a directional bias.

The current level to hold is the swing low, exceeding this level increases the bearish scenario.

Overall, in my opinion, BTCUSD is neutral until a clear break of the range, price action is to be used upon discretion/ management when executing any trade here.

Hope this analysis helps

Thank you for following my work!

And remember,

“It’s OK to be wrong; it’s unforgivable to stay wrong.” -Martin Zweig