Crypto India Haveli
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Hi Welcome to Alishan Haveli for Dheet Hodlrs.

In this Haveli - We share free education based on our own views which can be right or wrong (Mostly Wrong). Whatever you read here look at it for reference - don't rely 100% on it because it's your portfolio
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As mentioned before, pump kum dump jyda - so now bears are pushing towards $32,200 support - if this breaks next level is $30,500-$31,500 (Most Imp Area where we also have 50 Weekly MA) akela dhang ka support.
$32,200 exact point.
Bounce from $32,200 on initial contact. minor resistance is at $33,330 and after that at major one at $33700.

Agar bulls to apni baji chaiye toh price ko $33,700 ke level pe leke jana hoga and then get support maybe around $33,330. Par $33,330 ke niche rahe and close to $32,200 then break hone ke chances ho sakte hai to retest lower zones. SO keep an eye on this.
Bitcoin didn't get much jump after initial bounce from $32,200 infact stayed below $33,330 which was a crucial area to show strength. resulting in Breaking of $32,200 support in 3rd retest but finding support at upper zone of previous mentioned area at $31,600 (Where we have bottom trend line of possible falling wedge and 50 Weekly MA (One of few imp support trying to keep bitcoin above 30-32kK)

Now closest resistance is $32,200, and support overall is $30,500-$31,900 but imp support for weekly close is 50 weekly MA. din mein volatility aa jaye par week close hote hote usse upar close rehna chaiye.

This was explained in yesterdays video do check it out.
Initial bounce from bottom trend line and 50 weekly ma and retest of $32,200. Now imp to see if bulls manage to close above it or not.
BItcoin Update - After breaking first resistance zone & finding support above $32,200. Price has been struggling to cross $33,300 minor resistance zone which you can see in the chart. If bulls want to retest $33,700 (where now we have 20 Daily MA and EMA) Price need to first go above $33,300 then retest $33,700 then confirm support at $33,300 and don't fall below it. otherwise if price stays below $33,300 and close to $32,200 then bears will try to take charge and push price downwards $31,500 » $30,400
This is our previous chart where if we consider this wedge as downward channel in formation. As per this channel top is around $33,300-34,200

And bottom $30,400-$30,950
Jump from exact trend line. which is also upper area of current support zone. $32,200 is now the resistance area for retest.
Trend did give few initial bounce but as we always say with bounce upper resistance needs to tested. if price stays close to support - it breaks eventually (tale pe hatoda). Trend line has been broken now.
Now this is the next support area which i posted earlier - incase this is a downward channel in progress. Also price is now below 50 weekly MA. Daily mein price move kar le theek hai but weekly close below is is bad.