Bitcoin is in consolidation and feels good. We have a bullish trend sitting, strong support, zone of interest and liquidity and strong resistance. Most importantly, we have consolidation
Price may test 103000 before continuing upwards
There may be a small correction to 103K before breaking 104200, but if the price does not continue to fall, but returns to 104.2, we can expect a break of resistance and continued growth.
Scenario: consolidation between 104200 and 103000 will increase the chances of resistance breakout and growth.
If bitcoin continues the correction, then we can consider a retest of 102300, 101800 before continuing growth.
Targets: 106500, 108400
Price may test 103000 before continuing upwards
There may be a small correction to 103K before breaking 104200, but if the price does not continue to fall, but returns to 104.2, we can expect a break of resistance and continued growth.
Scenario: consolidation between 104200 and 103000 will increase the chances of resistance breakout and growth.
If bitcoin continues the correction, then we can consider a retest of 102300, 101800 before continuing growth.
Targets: 106500, 108400
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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.
❤️ Telegram channel: t.me/AndeWave
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.