The price attacked to the 51700$ Important Resistance range for the second time to break it and failed again , as we can see, now $ 51700 has become the most important resistance right now And breaking it requires a lot of power. Let's move on to the second scenario for now : we said the first target would be 47K, and and if it is lost , the next bearish target will be the bottom of the trading range (neutral range) which is $ 45,500 range. (The pessimistic scenario mentioned earlier is still valid .
The Pessimistic Scenario :
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ... 👤 Arman Shaban : ArmanShabanTrading 📅 28.DEC.2021 ⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
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.