Bitcoin price action hold strong above 8900$ support. Bitcoin was farmed bull flag pattern. After bear trap at 7400$ level area spring up to 10584$. BItcoin stablization around 10200-10400 price level.
Potential breakout retest resistance at 9924$. Consolidation bellow resistance 9440.
Volume: don't confirm bullish price action.
Indicators: MACD bullish crossover above zero line, RSI above 50 points, bullish sign.
Pattern: bull flag.
S/R: Strong support at 8544(0.618 fibs level) Support 8911. Strong Resistance at 9941, Resistance 9440.
Disclaimer: THIS IS NOT FINANCIAL ADVICE. All the information shared here is for learning and entertainment purposes only.
Potential breakout retest resistance at 9924$. Consolidation bellow resistance 9440.
Volume: don't confirm bullish price action.
Indicators: MACD bullish crossover above zero line, RSI above 50 points, bullish sign.
Pattern: bull flag.
S/R: Strong support at 8544(0.618 fibs level) Support 8911. Strong Resistance at 9941, Resistance 9440.
Disclaimer: THIS IS NOT FINANCIAL ADVICE. All the information shared here is for learning and entertainment purposes only.
