#BTC
update
In a previous analysis, I explained BTC needs to break resistance area (44k - 46k) for more growth which it failed to break and fell to the mid-line of channel (34k) and was supported there!
Obviously, we can see a bullish pattern (W) has been shaped with the neck-line (44k-46k) again. It needs to break this short-term resistance area to gain higher prices (52k-54k) and by passing this area, the next target would be (59k-61k). Otherwise, the first short-term support area could be (38k-39k)
update
In a previous analysis, I explained BTC needs to break resistance area (44k - 46k) for more growth which it failed to break and fell to the mid-line of channel (34k) and was supported there!
Obviously, we can see a bullish pattern (W) has been shaped with the neck-line (44k-46k) again. It needs to break this short-term resistance area to gain higher prices (52k-54k) and by passing this area, the next target would be (59k-61k). Otherwise, the first short-term support area could be (38k-39k)
Trade closed: stop reached
