After correcting 15% from the price range of 1900, now the price is trading in the range of 1737. In the long term, the possibility of further price correction can be considered.
Considering the failure of the 1740 price support range, in my opinion, the price will face further correction from the important resistance areas of 1790 and 1842 after the pullback and liquidity collection if selling is confirmed
In case of a positive fluctuation, to better understand the continuation of the trend, We have to see how the price will react to the resistance ranges.
Otherwise, if the price is above the stabilization resistance range, it may be associated with further growth.
Possible trends are identified.
❎ (DYOR)...⚠️⚜️
What do you think about this analysis? I will be glad to know your idea 🙂✌️
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Considering the failure of the 1740 price support range, in my opinion, the price will face further correction from the important resistance areas of 1790 and 1842 after the pullback and liquidity collection if selling is confirmed
In case of a positive fluctuation, to better understand the continuation of the trend, We have to see how the price will react to the resistance ranges.
Otherwise, if the price is above the stabilization resistance range, it may be associated with further growth.
Possible trends are identified.
❎ (DYOR)...⚠️⚜️
What do you think about this analysis? I will be glad to know your idea 🙂✌️
IF you like my analysis please LIKE and comment 🙏✌️
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