BITCOIN in the diary will be able to reach that level!? Will be?
Technical analysis regarding the price of BITCOIN in relation of dollar Tether for the next scenarios, based on daily movement.
BITCOIN's price is moving in a strong upward trend, forming ascending tops/funds, respecting this LTA ~yellow upward trend line~ and, it is consolidated in these last days, close to this very interesting region of resistance that, by the way, is holding the price and keeping it in the $ 56~58K range.
I believe that by breaking this region, the price will be able to reach the projected levels there at $ 64~65K, which is projected through Fibonacci.
34-period EMA driving the price and taking a parallel distance from the 89-period EMA.
In the project graph, the levels (green lines) that the price may look for in the next scenarios. (Fibo channels that respect a lot)
disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
Any questions do not hesitate to contact me. I'm happy to be able to help you in the best way I can. 🙏
BITCOIN's price is moving in a strong upward trend, forming ascending tops/funds, respecting this LTA ~yellow upward trend line~ and, it is consolidated in these last days, close to this very interesting region of resistance that, by the way, is holding the price and keeping it in the $ 56~58K range.
I believe that by breaking this region, the price will be able to reach the projected levels there at $ 64~65K, which is projected through Fibonacci.
34-period EMA driving the price and taking a parallel distance from the 89-period EMA.
In the project graph, the levels (green lines) that the price may look for in the next scenarios. (Fibo channels that respect a lot)
disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
Any questions do not hesitate to contact me. I'm happy to be able to help you in the best way I can. 🙏
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