BTC Monthly Camarilla Pivot Points

1 nov

As observed on the chart btc often tends to find bullish support and momentum around the L3 and L4 levels and resistance at the H3 and H4 Camarilla monthly levels. If this bullish trend is to continue an ideal place for bounce and continuation would be the purple Pivot and L3. A more risk or scary place would be a wick or fast move to L4. A break down would be under L4. Break H4 to the upside or L4 to the downside could lead to test the H5 or L5 levels in this month.

6 nov

Nota

we tested those areas of interest for support and have reached the first big bounce target. Playing similiar to last months L3 test. Stay tuned to see if H4 and H5 are possible targets within the month. But wise to take some profit if entered.