$BTC Premium Analysis September 9, 2021
After reaching yesterday’s higher low at around $45,600 it went for a quick short-term run-up to our current $47,400 high.
Since we're currently ranging above $46,550 for now, which holds as one of our strongest short/mid-term support levels, we could see a stronger push above in the next couple of hours before our daily close.
With a break and close above $47,400 on the 4H for BTC, we would be pretty much out of short-term danger and buyers would gradually enter the market again, potentially pushing prices even higher.
With a break and close below $44,500 however, we would be confirming a bearish continuation that could reach as low as $40,000 - $42,000.
Up Probability: 58% - Down: 42%
Since we're currently ranging above $46,550 for now, which holds as one of our strongest short/mid-term support levels, we could see a stronger push above in the next couple of hours before our daily close.
With a break and close above $47,400 on the 4H for BTC, we would be pretty much out of short-term danger and buyers would gradually enter the market again, potentially pushing prices even higher.
With a break and close below $44,500 however, we would be confirming a bearish continuation that could reach as low as $40,000 - $42,000.
Up Probability: 58% - Down: 42%
iSmashProfit
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
iSmashProfit
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.