Red Arrow:
Price started to fall near our major resistance zone from 53K and stoped on the 0.38% level of Fibonacci(43K) and it seems that this local support here may break soon and price dump more to supports like 40K.
Green Arrow:
Notice: if this local support (purple zone) remains valid then we can look for some local rise here like green arrow and targets like 47K and 49k.
DISCLAIMER: ((trade based on your own decision ))
<<press like👍 if you enjoy💚>>
Price started to fall near our major resistance zone from 53K and stoped on the 0.38% level of Fibonacci(43K) and it seems that this local support here may break soon and price dump more to supports like 40K.
Green Arrow:
Notice: if this local support (purple zone) remains valid then we can look for some local rise here like green arrow and targets like 47K and 49k.
DISCLAIMER: ((trade based on your own decision ))
<<press like👍 if you enjoy💚>>
Note
53K resistance ;
Trade active
Local support zone touchedNote
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Related publications
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.