200MA is a strong resistance zone here for bitcoin and it can dump price soon, price break it once around 20-22 May, and retest near 26 May.
But now bitcoin again reaches this resistance zone after 55% pump and without any heavy correction as we can see on the chart.
so we may have some local range or correction here maybe retest 0.38% and 0.5% of Fibonacci levels and then the continuation of pump.
Targets and strong supports ahead:
A. 42000
B. 39000
C. 37000
DISCLAIMER: ((trade based on your own decision ))
<<press like👍 if you enjoy💚>>
But now bitcoin again reaches this resistance zone after 55% pump and without any heavy correction as we can see on the chart.
so we may have some local range or correction here maybe retest 0.38% and 0.5% of Fibonacci levels and then the continuation of pump.
Targets and strong supports ahead:
A. 42000
B. 39000
C. 37000
DISCLAIMER: ((trade based on your own decision ))
<<press like👍 if you enjoy💚>>
Note
Update:
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Disclaimer
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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.