Short Term : Support : 11500 USD & 11200 USD || Resistance : 11850 USD 12000 USD.
BTCUSD seem had a little pushback from downtrendline 2 ( on 12000 USD) and currently on retracement movement. i expect this recent trendline (green 1) would be tested if the support on 11550 USD cannot hold.
Indicators so far is still in bullish zone. CCI is retracing after it overextend but still over bullish area, CMF is still aligned with price action movement, made higher low along the way up and OBV still expanding alongside with price action so far.
Thank you for your time to read this post and please take this idea as a grain of salt as reality always differ from what i expect as this post merely just an opinion, any relation between my posts toward any of your trading decision would be on your own consequence. please feel free to share what your thought on comment section.
peace.