Wednesday, March 3, 2021

Keylevels to watch for Bitcoin/Dollar (03/03/2021)

The $51684.9 level is a strong S/R line because this corresponds to a Kijun Sen flat line and Senkou Span B flat line.

We can see that the current 4-Hour japanese candlestick has its high that corresponds to this $51684.9 value.

In an uptrend scenario, the keylevels to watch are :

$51684

$52679

$53668

The price might go down to $50004 (H3 Tenkan sen flat line + Kijun sen flat line) before going uptrend again.

$50004 might be a strong support for the price.


The analysis on TradingView by clicking here