Bitcoin / TetherLong
New uptrend!
The price was able to successfully cross the downtrend line and SMA100 and is now in the S resistance area.Here we see will probably be the price pullback to SMA100 and the trend line, and then the price will forcefully cross the S resistance area.The upward trend of RSI can give credit to this issue.
Areas T1, T2, T3, T4, which are PRZ Fibonacci Ext BC and Fibonacci App ABC, are potential price targets if the S resistance area is broken.
This analysis is invalid if the price falls below SMA100 again.
Areas T1, T2, T3, T4, which are PRZ Fibonacci Ext BC and Fibonacci App ABC, are potential price targets if the S resistance area is broken.
This analysis is invalid if the price falls below SMA100 again.
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