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BITCOIN PRICE PROJECTION

Por PrateekKumar
Actualizado
I strongly see the wall as stiff resistance as prices continue to struggle to climb over it'
A fall back to 35000 can be a possibility
Nota
46766 a crucial support level may be punctured in couple of hours from now.
Nota
At 49907 CMP : We are witnessing a chance for fresh short or add to previously held short positions
Nota
Prices creating reversal wedge pattern in between 48000-51000
The bull resurgence may soon run out of fuel
Nota
The range of 46000-51000 will eventually prove to be a lot lethal for bulls then they ought for
Nota
Here, comes the reversal from 50000. As price fall off the "diamond pattern"
Nota
Prices and Volume are at divergence over daily charts ,strengthening the case of bearish reversal
Nota
Prices forming trend continuation patterns over hourly charts.
Nota
47000 has established itself as an immediate resistance
Trend Analysis
PrateekKumar
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