Based on the chart, the price has broken the descending channel to the upside
and after that
the price has completing the retest of the descending channel
and after that
it has broken the black trend line to the upside
and now
we expect gain for the price and our first target is $46000 ($46000 is really important for BITCOIN because we used this area as the last support zone for the price, and now it is our important resistance)
after that
if the price breaks this area, we can expect sharp gain for BITCOIN
unless
we can expect more range for the price from $46000 area
our important resistance and support area are located on the chart
This is not financial advice, always do your own research.
Please, fell free to ask your question, write it in comments below, and I will answer.
🐋
and after that
the price has completing the retest of the descending channel
and after that
it has broken the black trend line to the upside
and now
we expect gain for the price and our first target is $46000 ($46000 is really important for BITCOIN because we used this area as the last support zone for the price, and now it is our important resistance)
after that
if the price breaks this area, we can expect sharp gain for BITCOIN
unless
we can expect more range for the price from $46000 area
our important resistance and support area are located on the chart
This is not financial advice, always do your own research.
Please, fell free to ask your question, write it in comments below, and I will answer.
🐋
