Bullish scenario:
• We need to continue positive consolidation and move above the MA20 daily moving average to test the upper trend line and potential resistance zone at $ 4000.
• If the price increases above, we can expect a further, stronger, and more serious bullish trend.
• Below, our first resistance is the previous high at $ 4500, and the next resistance at $ 4750.
Bearish scenario:
• We need negative consolidation and a return to the previous low of $ 3600.
• We go lower to the December low at $ 3470 and the MA200 moving average with further bearish pressure.
• Our next support is the psychological level at $ 3,000, then the low from October at $ 2,650.
• We need to continue positive consolidation and move above the MA20 daily moving average to test the upper trend line and potential resistance zone at $ 4000.
• If the price increases above, we can expect a further, stronger, and more serious bullish trend.
• Below, our first resistance is the previous high at $ 4500, and the next resistance at $ 4750.
Bearish scenario:
• We need negative consolidation and a return to the previous low of $ 3600.
• We go lower to the December low at $ 3470 and the MA200 moving average with further bearish pressure.
• Our next support is the psychological level at $ 3,000, then the low from October at $ 2,650.
𝐅𝐢𝐧𝐚𝐧𝐜𝐞 𝐁𝐫𝐨𝐤𝐞𝐫𝐚𝐠𝐞 - 𝐒𝐭𝐨𝐜𝐤 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐅𝐨𝐫𝐞𝐱 𝐍𝐞𝐰𝐬 & 𝐅𝐨𝐫𝐞𝐱 𝐁𝐫𝐨𝐤𝐞𝐫𝐬
www.FinanceBrokerage.com
t.me/NFT_crypto_news_trading_signals
www.FinanceBrokerage.com
t.me/NFT_crypto_news_trading_signals