As you can see, the price faced selling pressure when it reached OB- in the range of $ 43,100 and the price has returned to OB + after breaking the market structure at 41550, we expect the price to react positively to the current support range. If the price fails to consolidate above this level, the second scenario is a correction to the strong support range of $ 34,400 to $ 37,500, followed by an upward move to 47K as the most important price target. Follow us for more analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ... 👤 Arman Shaban : @ArmanShabanTrading 📅 04.23.2022 ⚠️(DYOR)
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Like the TA, wish you would put a key in your pic, it's difficult to know what is OB - as there is not an (OB-) but there are two (OB) spots, I'm guessing those both are the - ? I had to read your TA several times and I still don't feel I get it. I'd like to know also what your guess is for the time it takes to hit the 47K. Maybe I'm too new to your TA but your "Bullish Breaker Block" is new to me.