BTCUSD is entering to new channel and 🚀or correction❌ ahead ?
Red path and correction or green path and breakout ?
what do you think? lets discus in comment section ?
Red path :
Simple and easy Bitcoin is near strong resistance and why strong resistance ?
1.is near channel high level and soon sell pressure will lead market to down side .
2.we are touching all time high and its strong resistance too .
Targets:
A.55000
B.52600
Green path : here and now near strong resistance is important zone and any time breakout can happen too and why?
1.in long term scenarios this is what i believe:
2.we had breakout of channel previous time and high reward taken from it and it can easily happen in this bullish market :
Targets:
A.62000
B.66000
<<Traders comment below and let me know your opinion about this analysis even simple ((agree)),((not sure))>>
<<press likeđź‘Ť if you enjoyđź’š>>
what do you think? lets discus in comment section ?
Red path :
Simple and easy Bitcoin is near strong resistance and why strong resistance ?
1.is near channel high level and soon sell pressure will lead market to down side .
2.we are touching all time high and its strong resistance too .
Targets:
A.55000
B.52600
Green path : here and now near strong resistance is important zone and any time breakout can happen too and why?
1.in long term scenarios this is what i believe:
2.we had breakout of channel previous time and high reward taken from it and it can easily happen in this bullish market :
Targets:
A.62000
B.66000
<<Traders comment below and let me know your opinion about this analysis even simple ((agree)),((not sure))>>
<<press likeđź‘Ť if you enjoyđź’š>>
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t.me/mmbtchannel
VIP Channels:
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check pinned message in telegram for more information.
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