Based on the chart, the price has completed the retest of the descending channel βοΈ
and after that
it has broken the black trend line to the upside βοΈ
and then
the price has completed the retest of the black trend line βοΈ
and now
become close to important support area βοΈ
so
we expect gain for the price from this support area π
and
our first target is $46000 ($46000 is really important for BITCOIN because we used this area as the last support zone for the price, and now it is our important resistance)π£π‘
after that
if the price breaks this area (46000) we can expect sharp gain for BITCOIN ππ
our important resistance and support area are located on the chart βοΈ
This is not financial advice, always do your own research.
Please, feel free to ask your question, write it in the comments below, and I will answer.
π
and after that
it has broken the black trend line to the upside βοΈ
and then
the price has completed the retest of the black trend line βοΈ
and now
become close to important support area βοΈ
so
we expect gain for the price from this support area π
and
our first target is $46000 ($46000 is really important for BITCOIN because we used this area as the last support zone for the price, and now it is our important resistance)π£π‘
after that
if the price breaks this area (46000) we can expect sharp gain for BITCOIN ππ
our important resistance and support area are located on the chart βοΈ
This is not financial advice, always do your own research.
Please, feel free to ask your question, write it in the comments below, and I will answer.
π
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t.me/madwhalechannel
t.me/madwhalechannel