Good morning Everyone,
Firstly, I wish everyone a "Happy Diwali." Let's celebrate with joy and safety. I pray for everyone to have a bright future soon; if there's darkness in your life now, you will see the light soon. Celebrate Diwali with your family and friends.
๐ Yesterday, I provided information that the "15m chart entered a temporary bearish momentum, so $BTC will drop until 36500. But early this morning, BTC reached 36588."
๐ According to the 15-minute chart, #BTC has resistance at 37473 and support at 36810. BTC is still maintaining temporary bearish momentum due to the absence of high volume. Yesterday evening, BTC attempted to enter a bullish momentum again, but it was rejected in the 15-minute chart, resulting in a maximum drop to 36588. The confirmation of the temporary bearish momentum is only at 50%, so everyone should wait for the 1-hour chart performance to accurately assess market movements.
๐ As per the 1-hour chart, $BTC has a strong resistance at 37922 and a support level at 34633. Everyone needs to wait for the breakout at resistance to anticipate the 39,000-40,000 zone. BTC is unlikely to drop below 35,000, so don't worry about the support level.
๐ All the information currently has support and resistance levels, and those levels are very strong. So, we need to wait for the breakouts. Please keep in mind that these levels may change at any time, so wait for my update. Currently, the market maintains extraordinary bullish momentum, so don't worry about your long position.
๐ My personal suggestion is that I see the market is ready to rise, not drop. So, always trade with enough funds and avoid taking any high-risk trades.
Thanks for your support and love! โค๏ธ Happy Diwali! ๐
Author: @KingofBTC2024 (For All) BXT
