➡️ The forecast for this coin made on Friday worked itself out very quickly, this new week did not even have time to start. In this regard, there is an updated forecast for BTCUSD for the coming week in front of you.
As you can see, especially on the D1 chart (presented below in the comments), the price, having touched the 42003.60$ level, instantly soared to 50,000$, but it has not been possible to close above this level so far. It is assumed that the price of the coin will be supported by buyers who will get this price fixed above the 50,000$ level. It is possible confidently take the buyer's position after the coin is clearly fixed in the price range of 50,000$ - 53,520$ (noted on the D1 chart just below in the comments). In this case, the price can be expected at the level of 60,000$ and even higher. In the opposite case, if sellers continue to hold the initiative, we will see how the coin cannot close above the 50,000$ level and then, most likely, there will be a second attempt to break through the 42003.60$ level, which will most likely be successful.
Considering a shorter period of time, namely the H4 chart, there are all the same levels, of course, but the level of 48,200$ is also indicated, which acts as a support. BUT buying or looking for purchases from him is not the best idea. As you can see here clearly (on the H4 chart), entry points for SELL can be looked for from the level of 53,520$. And here the 48,200$ level serves as an excellent and safe target. AGAIN, no deep fall is expected yet. So selling from the aforementioned 53,520$ level and straight up to 42003.60$ is not a good idea either. It is necessary to use partial closure and transfer to breakeven (after the price reaches the 48,200$ level).
Thanks for your comments and likes👍
👇🔥LINKS TO PREVIOUS IDEAS AND FORECASTS🔥👇
As you can see, especially on the D1 chart (presented below in the comments), the price, having touched the 42003.60$ level, instantly soared to 50,000$, but it has not been possible to close above this level so far. It is assumed that the price of the coin will be supported by buyers who will get this price fixed above the 50,000$ level. It is possible confidently take the buyer's position after the coin is clearly fixed in the price range of 50,000$ - 53,520$ (noted on the D1 chart just below in the comments). In this case, the price can be expected at the level of 60,000$ and even higher. In the opposite case, if sellers continue to hold the initiative, we will see how the coin cannot close above the 50,000$ level and then, most likely, there will be a second attempt to break through the 42003.60$ level, which will most likely be successful.
Considering a shorter period of time, namely the H4 chart, there are all the same levels, of course, but the level of 48,200$ is also indicated, which acts as a support. BUT buying or looking for purchases from him is not the best idea. As you can see here clearly (on the H4 chart), entry points for SELL can be looked for from the level of 53,520$. And here the 48,200$ level serves as an excellent and safe target. AGAIN, no deep fall is expected yet. So selling from the aforementioned 53,520$ level and straight up to 42003.60$ is not a good idea either. It is necessary to use partial closure and transfer to breakeven (after the price reaches the 48,200$ level).
Thanks for your comments and likes👍
👇🔥LINKS TO PREVIOUS IDEAS AND FORECASTS🔥👇
Comment:
D1 chart of BTCUSD👇
