SasanSeifi 💁♂️BTC daily / update
In the daily timeframe, as you can see, based on past analysis, after a correction from the important resistance zone, the price started moving positively and is currently trading around the price range of $26,900. From a technical perspective, the previous report remains valid, and in the long term, we might witness a price correction towards the correction targets in the price range of $22,600.
Currently, the key resistance levels ahead are $27,300 and $27,800. Possible scenarios to consider are as follows:
If the price manages to break above the important resistance levels on the daily timeframe and holds above them, there's a possibility of further growth towards the liquidity zone at $28,200 and the supply area at $29,200. In this case, keep an eye on how buyers respond, as a confirmation of selling could result in a price rejection.❗
On the other hand, if the momentum weakens and confirms on lower timeframes below the resistance levels at $27,000, we might observe a price correction.❗
✨What's your opinion? Do you agree?
🔵Remember, always conduct your own analysis and consider other factors before
making any trading decisions. Good luck!"✌️
previous analysis👇
Currently, the key resistance levels ahead are $27,300 and $27,800. Possible scenarios to consider are as follows:
If the price manages to break above the important resistance levels on the daily timeframe and holds above them, there's a possibility of further growth towards the liquidity zone at $28,200 and the supply area at $29,200. In this case, keep an eye on how buyers respond, as a confirmation of selling could result in a price rejection.❗
On the other hand, if the momentum weakens and confirms on lower timeframes below the resistance levels at $27,000, we might observe a price correction.❗
✨What's your opinion? Do you agree?
🔵Remember, always conduct your own analysis and consider other factors before
making any trading decisions. Good luck!"✌️
previous analysis👇
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😍 Join our free Telegram Channel for more analysis
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🌎Website (Persian): FiboTech.Trade
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