Bitcoin time form analysis 4 hours
Due to the renewed support of Bitcoin in the price range of $40,650 for the third time, and by hitting the ceiling of the drawn yellow channel again, its price began an upward phase and reached the top of the $43,000 channel again. The price is now $43,150, and we are again We have an important resistance of 44,000 ahead. In the bullish scenario, this range that I showed with the green arrow should break and stabilize the price, and if we enter the downward phase again, the important supports exactly on the Fibonacci levels are 41780 and 41032, and our most important support is 40184, which In case of failure, we will drop to the price of 38800.
Technical analyst: Amir Hassan Salek
#BTCUSDT
Due to the renewed support of Bitcoin in the price range of $40,650 for the third time, and by hitting the ceiling of the drawn yellow channel again, its price began an upward phase and reached the top of the $43,000 channel again. The price is now $43,150, and we are again We have an important resistance of 44,000 ahead. In the bullish scenario, this range that I showed with the green arrow should break and stabilize the price, and if we enter the downward phase again, the important supports exactly on the Fibonacci levels are 41780 and 41032, and our most important support is 40184, which In case of failure, we will drop to the price of 38800.
Technical analyst: Amir Hassan Salek
#BTCUSDT