If you follow my last analysis on Link I mentioned the price will test
between 22.5$ to 23.6$ before drop again so market did the same
as expected. now still price moving below MA200, below ICHI cloud
and MACD tends to the bear side all indicate for more downward pressure.
what we could expect then?
the yellow support line is very important to keep the price dropping more.
if that line couldn't hold then the blue area would be our main target
before the new bull trend comes to begin. Lets see
"you can find my last analysis on Link down here too"
Enjoy the market
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now price has a strong chance to go upward again after the 19$ support level rejected 2 times. or try our yellow support line then bounce upward.
HAPPY NEW YEAR
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trend followed the structure as expected .
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and hit the target as well. right now if BTC hold or turns to bull trend we can expect more rally. price now broke the weekly resistant line so , very important to keep it fore more upward pressure
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