Short-term analysis:
Correction started from 51000 and ends near 49350 so as we can see there is strong local resistance now near our sell pressure zone(49400) on the chart and can dump price to targets like:
A. 49600$
B. 49300$
C. 48800$
Notice: most important resistance zones and support zones mentioned on the chart too and if price breaks 51K resistance can pump.
DISCLAIMER: ((trade based on your own decision ))
<<press like👍 if you enjoy💚>>
Correction started from 51000 and ends near 49350 so as we can see there is strong local resistance now near our sell pressure zone(49400) on the chart and can dump price to targets like:
A. 49600$
B. 49300$
C. 48800$
Notice: most important resistance zones and support zones mentioned on the chart too and if price breaks 51K resistance can pump.
DISCLAIMER: ((trade based on your own decision ))
<<press like👍 if you enjoy💚>>
Note
4H view:
Trade active
Sell pressure zone touched 👌
My telegram channel:
t.me/mmbtchannel
VIP Channels:
Forex:+400Pips & Crypto +420% monthly profit at VIP.
check pinned messages in my telegram channel for more info.
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.
My telegram channel:
t.me/mmbtchannel
VIP Channels:
Forex:+400Pips & Crypto +420% monthly profit at VIP.
check pinned messages in my telegram channel for more info.
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.