Hello traders, in today's chart I would like to show you the probability of the next price move. Currently, there is a good chance of breaking two MA50 and MA100 by falling resistance and therefore increasing the chances of a breakout. Thereafter, buyers will have more shopping space and the price should be strongly directed towards $ 40k.
Let's not forget that the price is still under strong resistance all the time and the takeover by the bear may not be a big problem to bring the price down to around $ 28k.
It is definitely worth watching the fights between bulls and bears over the next days.
Be careful and good luck
Note
8 days, 35% proceeds! exceeding the resistance of $ 40,500, will open the way for $ 46,000, promises to be interesting
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.