Bitcoin get rejected from top bolinger and decline to green support band on 1hr, producing double gapping separation of cluster of two candles in the support band between 35 and 60 ema.
That gapping up separation reveals strong support and project it across the chart.
On 15min yellow circle I can see that another decline to the same level meet strong demand by gapping up on 15min in same level
Now this decline on 2min produces double gapping separation of single 2min candle -again reveals strong buying demand and good buying entry point right after this little candle with gapping up on next- 36690.
Let’s see if this level will push price to retest top bolinger on 1hr.
All this happened on 3ema daily look idea attached
That gapping up separation reveals strong support and project it across the chart.
On 15min yellow circle I can see that another decline to the same level meet strong demand by gapping up on 15min in same level
Now this decline on 2min produces double gapping separation of single 2min candle -again reveals strong buying demand and good buying entry point right after this little candle with gapping up on next- 36690.
Let’s see if this level will push price to retest top bolinger on 1hr.
All this happened on 3ema daily look idea attached