As we said before, there are two main resistances here after this 60% pump:
First: 200 MA resistance of daily timeframe that we had analysis about it linked below.
Second: New trendline that formed in lower timeframes like 4H and we can see it in the chart.
So we need correction here technically and we are looking for targets like:
A. 41600(50 MA support)
B. 38000
DISCLAIMER: ((trade based on your own decision ))
<<press like👍 if you enjoy💚>>
First: 200 MA resistance of daily timeframe that we had analysis about it linked below.
Second: New trendline that formed in lower timeframes like 4H and we can see it in the chart.
So we need correction here technically and we are looking for targets like:
A. 41600(50 MA support)
B. 38000
DISCLAIMER: ((trade based on your own decision ))
<<press like👍 if you enjoy💚>>
Note
Daily chart and 200MA:
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
My telegram channel:
t.me/mmbtchannel
VIP Channels:
Forex:+400Pips & Crypto +420% monthly profit at VIP.
check pinned messages in my telegram channel for more info.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.