BTCUSD best support zone touched we may expect new ATH (80K)?
Updated
As we can see price dump hard and that was technically expected too (linked below).
now we have new resistance zone that formed and is around 53K (mentioned a lot on previous 4H analysis).
we may have some more correction here but two strong daily support is now ahead :
A. 40000$ zone :green zone
B. 30000$ zone (if it touched again) :Blue zone
Targets and resistance ahead:
A. 52K
B. 64K(previous all time high)
C. 80K(new ATH looking for based on Fibonacci and is reachable if some condition and breakout happen we will update soon)
DISCLAIMER: ((trade based on your own decision ))
<<press like👍 if you enjoy💚>>
now we have new resistance zone that formed and is around 53K (mentioned a lot on previous 4H analysis).
we may have some more correction here but two strong daily support is now ahead :
A. 40000$ zone :green zone
B. 30000$ zone (if it touched again) :Blue zone
Targets and resistance ahead:
A. 52K
B. 64K(previous all time high)
C. 80K(new ATH looking for based on Fibonacci and is reachable if some condition and breakout happen we will update soon)
DISCLAIMER: ((trade based on your own decision ))
<<press like👍 if you enjoy💚>>
Note
As we can see we had Creation of H&S on weekly too (with colorful cycles)so if last support (30K) break then bear🐻 market will lead and dump more .
Note
4H:
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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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