As you can see, in the 4-hour time frame, Bitcoin is preparing and heading for a price correction. If it penetrates and stabilizes below HKEX:29640, we can expect a deeper correction of the price. The possible targets of this drop are HKEX:29,390, HKEX:28,590 and HKEX:28,080 respectively! The range of HKEX:27,800 to HKEX:28,100 is one of the Strong and attractive demand zones for long position!!
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⚠️ This Analysis will be updated ... 👤 Arman Shaban : @ArmanShabanTrading 📅 04.17.2023 ⚠️(DYOR)
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$ 29,390 Target Reached ✅
Trade closed: target reached
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First Target (HKEX:29,390) Reached ✅ Second Target (HKEX:28,590) Reached ✅