BTC/USDT
Following the re-growth of the price up to the $ 49,400 range, it has moved towards the support of the trend in the 1-hour timeframe and is currently stabilized above this range.
According to the chart and validation of the range, the range of $ 48,000 has become an important resistance in the short term and is prone to further decline as long as the price is below it.
Also, if the daily candlestick closes tonight, it will strengthen below the trend specified in the scenario chart provided.
It should be noted that, as mentioned in previous analyzes, as long as the price is above about $ 40,000, the overall market trend will be bullish for the long term, and any move towards this support is just a price correction.
In case of any change, the analysis will be updated again
Following the re-growth of the price up to the $ 49,400 range, it has moved towards the support of the trend in the 1-hour timeframe and is currently stabilized above this range.
According to the chart and validation of the range, the range of $ 48,000 has become an important resistance in the short term and is prone to further decline as long as the price is below it.
Also, if the daily candlestick closes tonight, it will strengthen below the trend specified in the scenario chart provided.
It should be noted that, as mentioned in previous analyzes, as long as the price is above about $ 40,000, the overall market trend will be bullish for the long term, and any move towards this support is just a price correction.
In case of any change, the analysis will be updated again
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Providing you with the best & most accurate analysis based on CryptoCurrency & Forex markets.
Follow us on Telegram at t.me/IrCryptoClub