As we can see price is near 40K$ daily support and we expect a rise and local pump near this support zone.
now the previous daily support zone that was 46K$ turns into resistance for the price and we can expect a range here between 40K-46K so we need a breakout here first.
Also, the blue trendline is the local resistance and daily resistance zone that if it breaks we can expect a pump too.
DISCLAIMER: ((trade based on your own decision ))
<<press likeđź‘Ť if you enjoy>>
now the previous daily support zone that was 46K$ turns into resistance for the price and we can expect a range here between 40K-46K so we need a breakout here first.
Also, the blue trendline is the local resistance and daily resistance zone that if it breaks we can expect a pump too.
DISCLAIMER: ((trade based on your own decision ))
<<press likeđź‘Ť if you enjoy>>
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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.