- Short term ; Support 10000 & 9700 || Resistance : 10200 & 10500.
- Not much happening for BTCUSD as it's still consolidate inside red line triangle. After had minor rejection at 10200 now is on consolidating price action since this is still a weekend/low volatility day.
- I still expecting a movement to either of side somewhere around end of this month/early next month when price action action coincide within triangle apex or before.
- Indicator on 4 hour is also on neutral condition while slightly leaning toward bearish side.
Even daily timeframe had a neutral trend. See the indicators hovering around white line (neutral area), meaning no trend is decided until there's a significant movement on price action.
You can see this chart on live from my tradingview.
Thank you for your time to read this post and please take this idea as a grain of salt as reality always differ from what i expect as this post merely just an opinion.
and please feel free to share what your thought on comment section.
peace.