Possible outcome of the channel are briefly describe on the channel,
Breaking down will lead to a retest of the following levels:
7925 (weak support)
Potential Reversal Level
7680
7585
7495
Bullish Defender Level
6990
6805
Below these above listed level, it signal downward move again which is END of the BULL. Mean back to 6000$.
If price eventually breakup the level to watch are:
8400
8755
9000
9250
9935
If all these resistance level is achieve then, another form of correction will set in.
Breaking down will lead to a retest of the following levels:
7925 (weak support)
Potential Reversal Level
7680
7585
7495
Bullish Defender Level
6990
6805
Below these above listed level, it signal downward move again which is END of the BULL. Mean back to 6000$.
If price eventually breakup the level to watch are:
8400
8755
9000
9250
9935
If all these resistance level is achieve then, another form of correction will set in.
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New post created on BTC to follow up the previous analysis, guys do please have a look and leave your comments.
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Updated post opened to follow the current market effect.
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Bottom of wave 4 seems to be established around 6885$. But there is every possibility of re-test of this level again. So we highlighted 6770 to 6885 to be our bottom for wave 4.Next target for wave 5 is 9900 level.
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📢Follow the official links only! Trade smart, stay safe! 🎯
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Promotion/Partnership: t.me/WESLAD
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Promotion/Partnership: t.me/WESLAD
Related publications
Disclaimer
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.