Given that the upward slope of Wave 2 is more than the slope of Wave 1, and on the other hand the Resistance of $ 58,200 to $ 64,800 is broken, (this resistance is so wide, which is related to the weekly opening), two The scenario can be considered.
Case 1: Given that on a daily basis, bitcoin is now nothing more than the price of 40 thousand, if the uptrend is broken down, bitcoin can be in the first stage up to the range of 62 thousand and in the second stage up to Range from $ 59,580 to $ 60,600, and then move on to the next right. If the RSI line reaches 67 below the daily time, this scenario is likely to increase. The mentioned correction ranges will be accompanied by a reaction.
The second case is for Bitcoin to break the trend line, move back to the $ 67,000 resistance, create a twin-ceiling pattern, and make a strong correction to the 60,000 range.
After each of these scenarios happened, Bitcoin briefly entered the red-suffering range. This wide range is probably very low, and I can be good at continuing to move bitcoin to the $ 70,000 to $ 75,000 target.
More about resistance
Case 1: Given that on a daily basis, bitcoin is now nothing more than the price of 40 thousand, if the uptrend is broken down, bitcoin can be in the first stage up to the range of 62 thousand and in the second stage up to Range from $ 59,580 to $ 60,600, and then move on to the next right. If the RSI line reaches 67 below the daily time, this scenario is likely to increase. The mentioned correction ranges will be accompanied by a reaction.
The second case is for Bitcoin to break the trend line, move back to the $ 67,000 resistance, create a twin-ceiling pattern, and make a strong correction to the 60,000 range.
After each of these scenarios happened, Bitcoin briefly entered the red-suffering range. This wide range is probably very low, and I can be good at continuing to move bitcoin to the $ 70,000 to $ 75,000 target.
More about resistance