BTC got rejection from 19500$ level, price saw a good spike in price but it did not able to sustain it. Next support 18500$ to 18300$.. For a good upside move it need to close above 19500$👆 to march upward...
H1 Resistance level is marked at 41.92% to 41.86% level from where the price action got rejected and and went down As the volume decrease in bitcoin which is why the decrease in the price we are seeing
However, The price action is still consolidating in Daily Horizontal Resistance zone on Daily timeframe
main resistance area $20400 to $20750
main support area $18250 to $19300
DYOR and As always, stay safe
H1 Resistance level is marked at 41.92% to 41.86% level from where the price action got rejected and and went down As the volume decrease in bitcoin which is why the decrease in the price we are seeing
However, The price action is still consolidating in Daily Horizontal Resistance zone on Daily timeframe
main resistance area $20400 to $20750
main support area $18250 to $19300
DYOR and As always, stay safe
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