As we can see price stopped near 0.61% Fibonacci resistance level and we had a correction from 42K$ resistance zone to the downside.
Now major support zones + local supports are ahead and if these supports remain valid we can expect local pump here to the targets and resistances that are mentioned on the chart.
Notice: as we said before 46K$ is major resistance and only after a valid breakout there, we can expect a bullish market.
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Now major support zones + local supports are ahead and if these supports remain valid we can expect local pump here to the targets and resistances that are mentioned on the chart.
Notice: as we said before 46K$ is major resistance and only after a valid breakout there, we can expect a bullish market.
<<press likeđź‘Ť if you enjoy + comment your opinion about the market or your thoughts, below this analysis >>
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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.