Tuesday 21 June 2022

BTCUSD Bitcoin fighting hard for a rebound from key cloud chart support zone 18482!

BTCUSD Bitcoin fighting hard for a rebound from key cloud chart support zone 18482! BTC reached the downside support target of 18482! Now testing this zone for potential support. It is just below the 22870 cloud chart support zone that did not hold. Weekly cloud chart remains bearish since price action is below the cloud, but short-term swing trades possible from key support zones! Dollar strength keeping BTC under pressure!
Looking at the daily cloud chart so far the support zone of 18482 is holding with upside potential to the 22870 zone and then resistance at the front end of the cloud chart of 23784 and then 28795 zones.

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