Short term ; Support : 11200 & 11000 || Resistance : 11550 & 11770.
Lot of volatility on yesterday BTCUSD price action and currently on 10350 area, near the upper support of symmetrical triangle.
Expect a lot of resistance on 10600 -10800 level as (200 EMA & 50 EMA) If price action could surpass local high on 10550 also the death cross looming quite clearly on 4 hour time frame which could expected around few days.
- Indicators is on bullish zone on CCI and CMF but there's a weakness OBV histogram itself while developing it's bullish momentum. it's bad for current bullish movement as it's sustain for a while if OBV histogram is still on low level while CCI and CMF is rising.
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.
and please feel free to share what your thought on comment section.
peace.