BTC/USDT
If the analysis is realized and the price is not stabilized below the range of 32000, according to the time analysis and reaching the end of May, which was repeatedly mentioned in previous analyzes, as well as the current wave of correction, the next move should be like this.
Note that the current range is one of the most sensitive supports of the last 9 months, and losing it will change the structure of the next waves and the final correction at different scales of the chart.
Accordingly, in the next 48 hours, we will see a volatile market, and according to studies, maintaining the current support range is necessary to continue the positive market trend.
According to the analysis provided in the past few days, as well as the above, please avoid emotional trades and consider losses for your trades.
If the analysis is realized and the price is not stabilized below the range of 32000, according to the time analysis and reaching the end of May, which was repeatedly mentioned in previous analyzes, as well as the current wave of correction, the next move should be like this.
Note that the current range is one of the most sensitive supports of the last 9 months, and losing it will change the structure of the next waves and the final correction at different scales of the chart.
Accordingly, in the next 48 hours, we will see a volatile market, and according to studies, maintaining the current support range is necessary to continue the positive market trend.
According to the analysis provided in the past few days, as well as the above, please avoid emotional trades and consider losses for your trades.
Trade active
On the way to analysis ...If you cross the $ 40,000 range, the uptrend will accelerate and is expected to move to the announced range
The chart will be updated again if needed
Loss for the current price stabilization range below the $ 36,000 range
Trade active
As mentioned in previous analyzes, we are currently witnessing an erosion trend in the Bitcoin chart
Due to the recent reform structure as well as the stabilization of the price above the support level, the Bitcoin analysis is still valid and can move towards the mentioned goals after the completion of this reform.
If you cross the ceiling of the projected triangle, the first goal will be around $ 45,000
Mr ChaRtist
Providing you with the best & most accurate analysis based on CryptoCurrency & Forex markets.
Follow us on Telegram at t.me/MrChaRtist2025
Providing you with the best & most accurate analysis based on CryptoCurrency & Forex markets.
Follow us on Telegram at t.me/MrChaRtist2025
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.
Mr ChaRtist
Providing you with the best & most accurate analysis based on CryptoCurrency & Forex markets.
Follow us on Telegram at t.me/MrChaRtist2025
Providing you with the best & most accurate analysis based on CryptoCurrency & Forex markets.
Follow us on Telegram at t.me/MrChaRtist2025
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.