The Bitcoin is at the monthly support area, if it is broken, the price will drop to the level of 16600
As for the rise If breaks out of the descending trend line
Reaches the levels drawn in the green
As for the rise If breaks out of the descending trend line
Reaches the levels drawn in the green
Comment:
The downside trend has been breached, and now the resistance is breached 22467.87, achieving the first target2517677, and heading towards the second target30078.51
Trade active:
Today, the second target was achieved at the level of 30,000. The breach of this level is 31,500 candles. One day it will head to the level of 35,500. The inability to penetrate will fluctuate between 30,000 - 26,500.
Trade active:
BTC could not close a day's candle above the level of 30,000, it will fluctuate between this level of 26484, If this level is broken, it will drop to level 21,600. If it breaches the level of 31160 and closes a candle on the day, the upward journey begins to the levels drawn on the green line
Comment:
The third tarrget was achieved at the level of 35573, in the direction of achieving the fourth goal at the level of 47110
Trade active:
The fourth target on the chart was achieved at level 4712
Trade closed: target reached:
The final goal shown on the chart in the black line was achieved at level 67175