▪️ Hello everyone ✌ By examining the chart in the time frame of 12 hours, as you can see, the price has grown by about 12% after breaking the dynamic resistance and due to the completion of pullback from the range of 101, and after a slight fluctuation, it again faced a positive fluctuation. Currently, it is trading in the range of 114 midline of the ascending channel.📊
📈The scenario we can consider is that if the support range of $110 and $108 is maintained, the price will continue to grow up to the range of $118 and the gap area of 121/123. ❗️ 🔸We have to see how the price will react to the resistance ranges. If it stabilizes above the range of 123, the possibility of more growth can be considered.‼️⚠️ ⚠️Keep in mind that it is important to maintain the 110/108 support range for the continuation of the positive trend.
▫️The current price : 114.07💲 ▫️TF : 12-H
❎ (DYOR)...⚠⚜
What do you think about this analysis? I will be glad to know your idea 🙂✌ IF you like my analysis please LIKE and comment 🙏✌
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tp1:118 5%🔥✌✅
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According to the desired scenario, after a minor correction, the price was able to grow again to the second target price range of 121 by about 8%.