Bullish scenario:
• We need to continue this positive consolidation that would continue on the bullish side.
• Our next resistance zone may be around $ 46,000, which is our previous support zone from December.
• If the price continues to recover, the following targets are at $ 48,000 instead of the previous upper consolidation, then the resistance zone of $ 50,000-52,000, the December obstacle to the bullish trend.
Bearish scenario:
• We need a negative consolidation to pull the price back towards the support zone at 42000 and MA20 moving average.
• In the following, we can go to the zone of this year's minimum at $ 39,696.
• If the bearish pressure remains in force, the price will easily break and form new lows this year.
• We need to continue this positive consolidation that would continue on the bullish side.
• Our next resistance zone may be around $ 46,000, which is our previous support zone from December.
• If the price continues to recover, the following targets are at $ 48,000 instead of the previous upper consolidation, then the resistance zone of $ 50,000-52,000, the December obstacle to the bullish trend.
Bearish scenario:
• We need a negative consolidation to pull the price back towards the support zone at 42000 and MA20 moving average.
• In the following, we can go to the zone of this year's minimum at $ 39,696.
• If the bearish pressure remains in force, the price will easily break and form new lows this year.
𝐅𝐢𝐧𝐚𝐧𝐜𝐞 𝐁𝐫𝐨𝐤𝐞𝐫𝐚𝐠𝐞 - 𝐒𝐭𝐨𝐜𝐤 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐅𝐨𝐫𝐞𝐱 𝐍𝐞𝐰𝐬 & 𝐅𝐨𝐫𝐞𝐱 𝐁𝐫𝐨𝐤𝐞𝐫𝐬
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t.me/NFT_crypto_news_trading_signals