BTC weekly support zone is still valid and that is good sign
As we can see price is still above trendline support and this is a good sign for at least more range here or even pump if the daily chart breaks some important resistance mentioned in the previous analyses.
The strong support zone ahead now is 37K--40K and only if this support zone break price can fall more and hit targets like 29K or 20K.
the importance of support zone is also mentioned on the chart and targets for the bullish market is 55K---60K---71K---80K---93K.
Targets for a bullish market scenario are also local resistances too(so we can expect a correction from these targets too).
DISCLAIMER: ((trade based on your own decision ))
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The strong support zone ahead now is 37K--40K and only if this support zone break price can fall more and hit targets like 29K or 20K.
the importance of support zone is also mentioned on the chart and targets for the bullish market is 55K---60K---71K---80K---93K.
Targets for a bullish market scenario are also local resistances too(so we can expect a correction from these targets too).
DISCLAIMER: ((trade based on your own decision ))
<<press like👍 if you enjoy💚>>
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t.me/mmbtchannel
VIP Channels:
Forex:+400Pips & Crypto +420% monthly profit at VIP.
check pinned message in telegram for more information.
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