BTC/USDT
Updated
So far, Bitcoin has done a great job and is on the verge of touching the second target predicted in the previous analysis by exiting the Ichi cloud. All the indicators are in the overbought area in the daily time frame, so we can expect the formation of a corrective movement to the broken resistance in the direction of rest and price stabilization. My recommended stop loss for this condition is specified in the analysis. With the confirmation of corrective movement and a positive reaction to the support level, the identified targets will be activated in the form of a possible trajectory for Bitcoin.
It is obvious that people who profit from market fluctuations can save their profits at current prices and buy again at support prices.
It is obvious that people who profit from market fluctuations can save their profits at current prices and buy again at support prices.
Note
As I had predicted, the price movement took place in the direction of the price correction. It is necessary to mention again, a very important and positive event was the exit of Bitcoin from the downward channel and this can be considered as the end of winter. In the coming days, we will see Bitcoin rest in this price zone and gain energy to move towards the next target in the form of a possible upward path.The analysis will be updated when the condition of the next upward movement is reached.
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