BTCUSD Four Hr TF Pivot 30th July, 2022
BTCUSD 4HR TF:
BTCUSD price closed on the 29th July, 2022 at 23783.53
Opening price for today is 23785.25
Pivot for the day is 23867.32 and this is above market open price.
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BTCUSD 4HR PIVOT ANALYSIS (15:55 GMT):
Support and Resistance levels for the 5th Four-Hour Period for the Day
Resistance 3
25502.96
Resistance 2
25064.06
Resistance 1
24794.05
Pivot Point
24355.15
Support 1
24085.14
Support 2
23646.24
Support 3
23376.23
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For this four hour session, look out for support at 23865.
Also watch out for Resistances at 25064 and 25502.
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BTCUSD 4HR PIVOT ANALYSIS (12:45 GMT):
Support and Resistance levels for the 4th Four-Hour Period for the Day
Resistance 3
24373.22
Resistance 2
24200.34
Resistance 1
24077.73
Pivot Point
23904.85
Support 1
23782.24
Support 2
23609.36
Support 3
23486.75
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BTCUSD 4HR PIVOT ANALYSIS (11:15 GMT):
The 4hr chart is currently showing that market price is currently Bullish.
The market Price is currently testing the 4hour Time Frame Pivot (retracing in a Bullish Trend)
Price may breakout higher towards Resistance 1 (23991 area) before jumping further to 24090 (Resistance 2).
Break and close above that level will definitely take price to Resistance 3 (24263 area).
Support 1, which is at the 23719 area is currently being eyed by the Bears.
A break below Support 1 may take price to Support 2 (23546 area).
Break and close below that level will definitely take price to Support 3 (23447 area).
Overall bias on the 4 hour chart is that market price is currently Bullish.
Find below computation results for Pivot Point, Support and Resistance levels for the 3rd Four Hour Period for 30 July, 2021.
Support and Resistance levels for the 3rd Four-Hour Period for the Day
Resistance 3
24263.23
Resistance 2
24090.09
Resistance 1
23991.38
Pivot Point
23818.24
Support 1
23719.53
Support 2
23546.39
Support 3
23447.68
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For this four hour session, look out for support at 23632.
Also watch out for Resistances at 24090 and 24263.
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