🚨 1,666 #BTC ($53,608,643)
aggregated inflows to #Gemini


🚨 1,836 #BTC ($58,958,154)
aggregated inflows to #Gemini

Bulls faced resistance from bears at $32,200 but Bulls were able to hold support at $32,200 followed by further jump in price to retest next resistance level at $33,700.

On positive side- Bulls managed to close bitcoin price above 20 daily MA & EMA - this has happened after long time plus multiple tries. Also as of now Bitcoin price is above 50 Weekly MA - ig bulls are able to stay above it till next weekly close - will be good, so keep an eye on that.

Now in terms of Resistance

First Level - $33,700
Next Heavy Resistance Area - $34,700-$35,100 (you might remember this area from previous charts)

Support for Bulls to hold Approx. $33,000.

Support Imp for Bears to Break $32,200

Also this falling wedge from bulls perspective - One we talked about in last video. Price is trying to break out of trend line. Do check out video to know more about this pattern in detail.

👆Power of TA - If you know right levels, it will helps you in managing your trade correctly. If $32,200 would have broken with volume dump - Charts would looked very different today. Holding above it things turned out differently.

Will share this trick someday maybe - how i plan out these support and resistance area.

Those who are new - pls watch this video to learn more about Support and resistance in Detail.

https://youtu.be/wP559piXsro

As mentioned in Yesterdays video - Bitcoin is now facing imp resistance zone at $34,700-$35,100. Will be imp to see if Bitcoin manages to break this area and find support above it or not.

AGNI PARIKSHA PART 2 😂

Intial rejection at $34,700-$35,100 seems to be strong but for bulls main support to hold is $33,700. As long as that hold bulls can go for another attempt at retest but if that fails means bears are trying to take charge - So keep an eye. Also keep an eye on this rising wedge which does suggest target around $30,400 but focus more on our support and resistance levels. they tell you everything.

Join us for Weekly session of The Ady & Sandy Show - Aajao with turant Effect. Abhi ke abhi

https://youtu.be/CL4rkc0P2Fg

#Bitcoin  logo on top of India vs Srilanka trophy.

https://twitter.com/cryptooindia/status/1419332595846840325?s=21