Bullish scenario:
• We need a continuation of the current positive consolidation and a break above $ 46,000. Then we can look at $ 48,000 as the first resistance zone.
• The next significant resistance awaits us in the 50,000-52,000 dollars zone, December high.
Bearish scenario:
• We need negative consolidation, which would make a new retreat towards the previous support zones.
• Our first support is at $ 42,000, and then the next one is at $ 40,000, psychological level.
• Additional potential support at $ 40,000 is our moving averages.
• A break below us can lead to $ 38,000 in support, and if it doesn't last, the next support is at $ 36,000 and the bottom line of support.
• We need a continuation of the current positive consolidation and a break above $ 46,000. Then we can look at $ 48,000 as the first resistance zone.
• The next significant resistance awaits us in the 50,000-52,000 dollars zone, December high.
Bearish scenario:
• We need negative consolidation, which would make a new retreat towards the previous support zones.
• Our first support is at $ 42,000, and then the next one is at $ 40,000, psychological level.
• Additional potential support at $ 40,000 is our moving averages.
• A break below us can lead to $ 38,000 in support, and if it doesn't last, the next support is at $ 36,000 and the bottom line of support.
𝐅𝐢𝐧𝐚𝐧𝐜𝐞 𝐁𝐫𝐨𝐤𝐞𝐫𝐚𝐠𝐞 - 𝐒𝐭𝐨𝐜𝐤 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐅𝐨𝐫𝐞𝐱 𝐍𝐞𝐰𝐬 & 𝐅𝐨𝐫𝐞𝐱 𝐁𝐫𝐨𝐤𝐞𝐫𝐬
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t.me/NFT_crypto_news_trading_signals