BTC INTRADAY SETUP - 30th AUG, 2021
BTC INTRADAY UPDATE:
VOLATILITY EXPECTED : HIGH
EXPECTED SCENARIO:
#BTC should test our SUPPOPRT1 and a small bounce is expected at that level.
SUPPORT1 may not hold today.
BULLISH SCENARIO:
$BTC has to cross our INTRADAY FLIP line to be bullish. which is quiet difficult today.
BEARISH SCENARIO:
$BITCOIN may not hold at SUPPORT1 and we test our SUPPORT2.
SUPPORT2 should #HOLD today.
NOTE: As updated earlier, we are in a correction on 4H upto 42k zone.
VOLATILITY EXPECTED : HIGH
EXPECTED SCENARIO:
#BTC should test our SUPPOPRT1 and a small bounce is expected at that level.
SUPPORT1 may not hold today.
BULLISH SCENARIO:
$BTC has to cross our INTRADAY FLIP line to be bullish. which is quiet difficult today.
BEARISH SCENARIO:
$BITCOIN may not hold at SUPPORT1 and we test our SUPPORT2.
SUPPORT2 should #HOLD today.
NOTE: As updated earlier, we are in a correction on 4H upto 42k zone.