Hello Steemians
Hope everyone doing well.
I expect price will regain area $9,000 in next few hours.
I expect price will cross $9,350 in next 24 hours.
Next 24 hour Price Channel ($8,500-$9,700)
All small pullbacks are covered in my 24 hours Price Range.
Well I mentioned in early TA's that $9K is very important
Still I believe $9,000 is real bottom
I knew current price drops a little bit from $9,000.
But Bitcoin is a volatile currency, so it will regain
it in just few hours.(Will be above $9,000)
It's my personal opinion.
It’s not a financial advice.
Some analysts still believe that price will see 4K or 6k. (However, I do not agree with this)
What's next for Bitcoin?
Key level to watch
Strong Support at $8,500 , $8,200
Minor Resistance at $9,600
Compare three things here on 4 hours Chart
Last candles remains inside KELTNER Channels
RVI indicator turning towards up.
TRIX indicator also shows a little rebound in price after
current drop.
On a daily chart
Price sitting on 200 SMA.
Woodies CCI value rebound from -142.60 to -82.108
Go through lessons (by salahuddin2004)
Lesson # 1 (Support/Resistance levels)
https://steemit.com/bitcoin/@salahuddin2004/lesson-1
Lession # 2 (Breakout/Breakdown/New Support/New Resistance)
https://steemit.com/bitcoin/@salahuddin2004/lesson-2
Lesson # 3 (False Breakout & how to avoid them)
https://steemit.com/cryptocurrency/@salahuddin2004/lesson-3-false-breakout-and-how-to-avoid-them
Lesson # 4 (RSI Indicator & how to use it)
https://steemit.com/bitcoin/@salahuddin2004/lesson-4
Top 70 Cryptocurrencies (Buying points/Target points) by me
https://steemit.com/bitcoin/@salahuddin2004/top-70-cryptocurrencies-buying-points-target-points
FOR requesting TA, Whatsapp me
https://steemit.com/bitcoin/@salahuddin2004/one-extra-feature-for-my-followers
Don't Forget to Resteem.
Thank you.
Take care.