Bitcoin daily chart
There is a potential supply level formed on the daily chart on Bitcoin.
The level I am talking about is 6922.00 – 7454.00
However, to consider this a good supply level I would like the price to make a new swing low below current swing low of 5114.00.
Next Daily demand zones on BTC seems to be:
- 4948.00 – 4717.00
Bitcoin 4h chart
Next 4h demand zones on BTC seems to be:
- 4888.00 – 4711.00
Bitcoin 1h chart
Next 1h supply zones on BTC seems to be:
- 6353.00 – 6491.00 Previous 1h demand turned into supply
- 6816.00 – 6904.00
Bitcoin Trade Ideas:
6816.00 – 6904.00 is a good zone to look for short trades