BTCUSD Four Hr TF Pivot 13th August, 2022
BTCUSD 4HR TF:
BTCUSD price closed on the 12th August, 2022 at 24397.08.
Opening price for today 13th August, 2022 is 24397.22.
Pivot for the day is 24147.81 and this is below market open price.
For today’s session, look out for Support at 23577.
Also watch out for Resistances at 24991.77 and 25538.39.
Four session pivot point analysis will be updated below at the start of every four-hour candle on the BTCUSD price chart.
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BTCUSD 4HR PIVOT ANALYSIS (07:49 GMT):
The 4hr chart is currently showing that market price is currently Bullish.
The market Price is currently testing the 4hour Time Frame Pivot.
Price may breakout higher towards Resistance 1 (24765 area) before jumping further to 24974 (Resistance 2).
Break and close above that level will definitely take price to Resistance 3 (25090 area).
Support 1, which is at the 24441 area is currently being eyed by the Bears.
A break below Support 1 may take price to Support 2 (24325 area).
Break and close below that level will definitely take price to Support 3 (24117 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 13 August, 2021.
Support and Resistance levels for the 3rd Four-Hour Period for the Day
Resistance 3
25090.27
Resistance 2
24974.16
Resistance 1
24765.86
Pivot Point
24649.75
Support 1
24441.45
Support 2
24325.34
Support 3
24117.04
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For this four hour session, look out for support at 24383.
Also watch out for Resistances at 24974 and 25090.
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