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Updated
It seems that the trend is in a big hurry to fill the liquidity ranges for the return.
But absolutely not only upwards!!
The range of 25,000 was noticed as expected in the previous analysis and we see the return of the trend to it.
The level that took 1 year to finish the accumulation of trend so that above it can stabilize the price!!
Therefore, according to the high credibility of this level, it is expected that the price will get good support in this area and in the coming days we will witness a stronger rise of it and reach the level of 40,000 dollars and break the dynamic trend line that has been To justify the creation of the QM model that has arisen with the increase in demand resulting from the cheaper price of Bitcoin.
But if this level breaks and the weekly and monthly candle stabilizes the price below it, we can expect a heavy fall to the points of 21,000 and 17,000 in case of strong selling pressure.
There are 2 weeks left until the end of the monthly candle and the weekly candle will close in 3 days.
It is expected that the trend can reach above this level and above the moving averages of 100, 200 and 300 days until the mentioned time.
But absolutely not only upwards!!
The range of 25,000 was noticed as expected in the previous analysis and we see the return of the trend to it.
The level that took 1 year to finish the accumulation of trend so that above it can stabilize the price!!
Therefore, according to the high credibility of this level, it is expected that the price will get good support in this area and in the coming days we will witness a stronger rise of it and reach the level of 40,000 dollars and break the dynamic trend line that has been To justify the creation of the QM model that has arisen with the increase in demand resulting from the cheaper price of Bitcoin.
But if this level breaks and the weekly and monthly candle stabilizes the price below it, we can expect a heavy fall to the points of 21,000 and 17,000 in case of strong selling pressure.
There are 2 weeks left until the end of the monthly candle and the weekly candle will close in 3 days.
It is expected that the trend can reach above this level and above the moving averages of 100, 200 and 300 days until the mentioned time.
Trade active
BullTrend On !!Note
TREND'S CHOICE = GREEN LINE ?Trade closed: target reached
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