BITCOIN ( TRADING ABOVE DEMAND ZONE ) ( 1D )

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BITCOIN

HELLO TRADERS

• TENDENCY : generally the price stabilizing above turning level , indicates is under bullish pressure
  
  
• TURNING LEVEL : the price around 57,056 , as long as the price trading above this level reach a resistance level , breaking this level trying to touch a support level
  
  
• PRICE MOVEMENT : the price in previously can be stabilizing above turning level around 57,056 , and created a demand zone , currently price at 59,731 , my opinion the price retest a turning level 57,056 after rising my goal resistance level at 62,452 .
  
  
• PRICE ACTION :
  

1. LONG CONDITION : have two cases to rising for reach a resistance level , first case the price toward directly reach a resistance level at 62,452 , second case price corrective a turning level at 57,056 before rising , if the price breaking supply zone reach a resistance level at 68,362
   
   
2. SHORT CONDITION : if the price breaking 57,056 by open 1D candle below this level reach a support level at 53,664 , then stabilizing below this level reach a 49,963 .
   

TARGET LEVEL :

• RESISTANCE LEVEL :62,452 , 68,362
  
• SUPPORT LEVEL : 53,664 , 49,963
  

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تم فتح الصفقة

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تم فتح الصفقة

bitcoin rose significantly because of the attack on trump , as I mentioned