BTC Support is at 16700 and 16300. Resistance is at 17300 and | Binance Mafia

BTC Support is at 16700 and 16300. Resistance is at 17300 and 17800.Trade carefully and manage your risk according to mentioned support and resistance levels.
BTC closed its daily candle red at 16824.
Looking at 4 hour timeframe, BTC was able to maintain its 16700 support. Be careful as breaking of 16700 support can increase higher probability of testing of 16300 support. BTC has also reclaimed 200 MA support, 17000 will be resistance which also includes 50 MA resistance.