#BTC INTRADAY UPDATE
VOLATILITY EXPECTED: MEDIUM
EXPECTED SCENARIO:.
$BTC is bearish on Intraday. Look for Supports S1(29500) else S2 to be tested if remain bearish.
If we hold the current shown trendline, we may just consolidate.
BULL CASE:
Bullish above INTRADAY FLIP LINE(30000$) only.
BEAR CASE:
Look for Supports S1 else S2 to be tested today.
NOTE:
On Higher timeframe, Upside next strong resistance is 31200$. We can be bullish above that till 34K$ zone.
On Lower side 28900$ zone should be tested weekly
VOLATILITY EXPECTED: MEDIUM
EXPECTED SCENARIO:.
$BTC is bearish on Intraday. Look for Supports S1(29500) else S2 to be tested if remain bearish.
If we hold the current shown trendline, we may just consolidate.
BULL CASE:
Bullish above INTRADAY FLIP LINE(30000$) only.
BEAR CASE:
Look for Supports S1 else S2 to be tested today.
NOTE:
On Higher timeframe, Upside next strong resistance is 31200$. We can be bullish above that till 34K$ zone.
On Lower side 28900$ zone should be tested weekly