Ask Leo: Could 19k Become Major Support Zone For BTC?

The 19k price zone on btc remains standard for now it looks like a major demand/support zone. Each time price tap into that zone I usually watch it very closely to see the reactions.

I noticed that btc keeps bouncing up from the 19k zone and keep creating mini bullish structures higher highs and higher lows, it simply signify that the trend is bullish on the lower timeframes as intraday trading.

BTC 4HR SUPPORT ZONE

Here on the 4hr timeframe I can see clean structures. Btc is respected that zone then create a solid bullish structure every high is broken retrace back to the mini demand zone (HL) then bounce up back that shows there's liquidity upward to be taken. I think we are done with hunting downward liquidity is weekend we need to see how it reacts to the higher low zone that determines if the bullish trend is valid or not.

BTC Bullish TrendLine On 15min Timeframe

Btc keeps maintaining that trend line level that shows the strength of mini bullish structures is valid till is broken down we can say is going for liquidity hunting.
What can push price down to clear those lows could be news or stock open or other factors that moves the market. But I still see 19k zone as the major support zone now till price is proven otherwise. Intraday trading setups is on bullish bias the question is could 19k be our major support zone to push up? For the past few weeks I have seen other token rally up this is a sign for us probably this half of the year could be bullish for us my thoughts though.

ETH IS NOT LEFT BEHIND

The trendline on eth chart signify bullish momentum which you look at the chart you will see how price bounces up those trends line that shows that buyers are coming into the market bit by bit investors and stepping in is time to make plans on the right spot to come in.
Hopefully this zones hold and give opportunities to long.

thanks for reading my post

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