Important zone for BTC Bulls is not to drop below 31k and possible to hit 35k-37K, if BTC drops below 30k then we anticipate price @ 29k 27k and possible 24k resistance zone stay above 38k
Shorting Zone 41.4 -39.7
Bulls need to Hold 39 to push the trend up, but Trend still bearish and need to break the Resistance zone 42 and major zone 45. otherwise we go down possible TP ZONE
35 -33 - 28
Bitcoin to the MOON?
it needs to break the previous high which is the 40k level to maintain the bullish trend of bitcoin, and it needs to hold 35k-33k line, but with the rejection of 38k we might see a continues downtrend, no volume no power.
LTC tried to push but still got rejected, need to hold 132 or we'll see a down fall back to 110-100 price, break and hold 165 and we might see a reversal, but the volume is weak, last push wasn't enough to break the resistance level.
Break down below the pivot. and a sudden shift of trend, but.......
If we hold these level 8300. then break and hold above 8950, we can see a short term bullish scenario going to 9130-9500.
good run for BTC, all target are almost done, minor support zone 10850-10700, major support zone 9600-9400, if we hold those levels, we will see another run for btc to 10200-10550. 105xx is a very important level. big ressistance level, previous resistance zone, if we break and hold 10600 then we might see another bullrun, else a shift of trend.
BTC break the resistance lvl now it is acting as support zone... hold the 8900 level and another potential run... if 9200 is held, we might see another run towards 9500-9700 zone. otherwise good to long at 8850-9000 area. with SL.
