Key levels update for 1hr BTC chart
Please see key levels as illustrated: Support area (green), Resistance area (light red), and 50% area (light orange)
At the moment, the price is likely to target the resistance area as indicated by the formation of a weak convergence between RSI and price.
Scalping opportunity: Buy BTC once the price closed above 50% area and sell at the resistance area.
Note that when price closed above the resistance area, a new high may form. It is then best to hold position.
/please DYOR/ trade at your own risk
At the moment, the price is likely to target the resistance area as indicated by the formation of a weak convergence between RSI and price.
Scalping opportunity: Buy BTC once the price closed above 50% area and sell at the resistance area.
Note that when price closed above the resistance area, a new high may form. It is then best to hold position.
/please DYOR/ trade at your own risk
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