InvestMate

πŸ“ˆ Bitcoin Key Resistance Zones πŸ“ˆ

Long
InvestMate Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
πŸ“ˆ Bitcoin Key Resistance Zones

πŸ“ˆ Nearest strong support zone: around 20k.

πŸ“ˆ Nearest strong resistance zone: around the 0.236 fibo level of the downward wave.

πŸ“ˆ Technical environment:

- Moving averages: 50/50

- MACD: Uptrend

- RSI: Uptrend

πŸ“ˆ Price action: Bitcoin has many resistance zones ahead of it to break through if we're talking about increases I'll briefly outline each from closest to farthest. 1. level 0.236 (28K) 2. level 0.382 (36k) 3. level 0.5 (42k) 4. level 0.618 (48.5k)

πŸ“ˆ The scenario I'm playing out is a continuation of growth on Bitcoin over the coming months. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.

πŸ“ˆ Please do not suggest the path I have outlined with lines, this is just a hypothetical scenario.

πŸš€ If you appreciate my work and effort put into this post, I encourage you to leave a like and follow on my profile. πŸš€
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