As price reached upper band of its ascending channel, it may forms a double top pattern as well as bearish divergence so in that case price may drops to 66.70$ level
As price struggling in 2.318-2.427$ Level, by breaking above the level, price can rally up to 3$ zone Otherwise it may test 1.983$ level again as previous one Trade carefully
As price drops till 61.8% of fib, i.e 0.2278-0.2329, multiple rejection were seen Price is entering the red cloud and by breaking it, it may goes to following targets 1- 0.2673 (An important level 2- Upto 0.2788 level Otherwise price can be dropped till 0.2177 Level Please be advised and trade carefully
As bulls are trying to hold price above 20Days EMA, i.e 47378$, bears are trying sink price below it So in that case, price can drops to 42450$. A rebound of this level, could indicate that bulls are in play again. Otherwise, rebounds of the current level or 50Day Moving Average, could indicate pulls are trying to push back the price upto 50500$ and 52920$
As prices rejected 0.8-0.9$ Zone, and entering the red cloud, by exiting the cloud and breaking above 1$ Zone, It has potential to reach 1.18$ Zone Otherwise, it may drops till 0.7-0.8$ Zone
As price reached about 38% of fib, it started to form a divergence, so if price can breaks above 6.8$ zone, it may goes up to 7.2$
As price reaching 22.97$, by breaking it and complete pull back, The next target could be 24$ Otherwise it may drops up to 20-21$
As price breaks 420$ zone, it may face a correction and if the price can hold the zone, price can get to 450$ Zone.... RSI is struggling breaking the 50 and a minor divergence can be seen as well
At 4H timeframe, price just broke above a crucial point, i.e 47500 and also exiting the cloud If price can hold above 47500$, the price can get to 50000$, which is a correction of last drops in my idea Hope that'd be helpful
On a 1H Timeframe, as price breaks the cloud, if it can hold 20-20.36$ , price can rally up to 21-22$
On the daily time frame, as price drops to 70.51$(61% of fibo), manages to get back to 79$ zone which is 50% of Fibo.. As multiple rejection is shown on 50% of Fibo, as well as a minor divergence in RSI, if price can hold the area, it can rally upto 94$ Otherwise by breaking below 79, price can be dropped to 70$
As BTC has just broken a very important resistance (which is 49150$) along with a hidden divergence as shown in RSI and if buyers can sustain above 51k$ resistance, the BTC/USDT can rally up to 60k$ Otherwise by breaking 46808$, the price can be dropped to 42k$