We found some resistance around the 2900 usd area which is where the 34 Daily EMA is located and also the fib level of 55% from the swing lows. I am expecting an ABC move to the upside and the area between 3500-4000 usd area.
This is just an indication, please check my other analysis below and also other crypto traders in this platform so you get a full picture of the highest probability. But remember, when many people predict the same thing and targets, this may not happen. This is the reason i go for 4000 price target and not anything below or above.
If you are wondering what my retracement levels are, please check my previous publication.
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