BTC is currentlt attempting to break the prevailing 50% level, and should target the 'Upper 50% level' at 52200. If the price got rejected at this level, price is likely to break the Support and it will try to gather suppport at the 50900 level. BTC at this level would also likely form a divergence when new buyers comes in. But if there are enough volume of buyers, price may break the 52200 level to form a new higher within the 52700 level.
Wait for price to rebound from the prevailing 50% level support or from the Upper 50% level and place a SHORT order once price closed below this levels, after the rejection. You may also place a LONG order after a retest of the 52200 level.
/please DYOR/trade at your own risk
Wait for price to rebound from the prevailing 50% level support or from the Upper 50% level and place a SHORT order once price closed below this levels, after the rejection. You may also place a LONG order after a retest of the 52200 level.
/please DYOR/trade at your own risk
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