Bitcoin
As expected, Bitcoin could not overcome the important and psychological resistance of 45-46K and entered the correction again.
The uptrend line was not expected to be broken
But this line was broken and is pulling back to the uptrend line.
This is unlikely to be an unrealistic failure.
There is still the possibility of a pullback to the broken downtrend line. But if this case is FAIL ..
The important support ahead is 37k and if it is broken, we will probably see a drop of up to 30k
➖➖➖➖➖➖
All supports and resistances are marked on the chart. As we can see, the price is in an important range and recommended to keep an eye on it ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help .
⚠️ This Analysis will be updated ...
📊 #BTCUSDT ( Bitcoin )
💹 Time Frame : Daily
👤 Saeid.Mahbob
📅 18.Feb.22
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
As expected, Bitcoin could not overcome the important and psychological resistance of 45-46K and entered the correction again.
The uptrend line was not expected to be broken
But this line was broken and is pulling back to the uptrend line.
This is unlikely to be an unrealistic failure.
There is still the possibility of a pullback to the broken downtrend line. But if this case is FAIL ..
The important support ahead is 37k and if it is broken, we will probably see a drop of up to 30k
➖➖➖➖➖➖
All supports and resistances are marked on the chart. As we can see, the price is in an important range and recommended to keep an eye on it ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help .
⚠️ This Analysis will be updated ...
📊 #BTCUSDT ( Bitcoin )
💹 Time Frame : Daily
👤 Saeid.Mahbob
📅 18.Feb.22
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Comment:
The first target Was hit 🎯✅
