|
|
In this article, we analyze the Bitcoin 4-hour chart with annotated support and resistance levels. These levels are crucial for traders to identify potential entry and exit points in the market.
Support levels indicate where buying interest is strong enough to prevent the price from falling further, while resistance levels show where selling pressure may halt upward movements. By studying these annotated points on the 4H chart, investors can make more informed decisions.
Overall, understanding these key areas helps in predicting price reversals and managing risk effectively in Bitcoin trading. |
|