Bitcoin at a very important moment
Bitcoin defended the lower Bollinger band yesterday for 4h and we have energy in the market - there is still a lot of resistance in front of us, but there is hope that the lowest low is behind us so far.
On 4h we have the first wave of growth, now we can count on a small correction 48300-47800 and later further increases after breaking 1.13 we can count on 1.618 fibo, i.e. $ 50 160
On 1D we are at quite strong resistance - middle Bollinger band, but looking at lower intervals you can see that there is a chance to break this resistance. If the price breaks 50,200, the next resistance will only be $ 52,900
We returned to 1W with a price above MA50, but the breakthrough in the middle band will confirm the right direction.
Are inheritances possible?
Yes, always in the case of the middle band you have to take into account a strong rebound from it and another downward cycle, but so far there are no such signals.
Good luck!
On 4h we have the first wave of growth, now we can count on a small correction 48300-47800 and later further increases after breaking 1.13 we can count on 1.618 fibo, i.e. $ 50 160
On 1D we are at quite strong resistance - middle Bollinger band, but looking at lower intervals you can see that there is a chance to break this resistance. If the price breaks 50,200, the next resistance will only be $ 52,900
We returned to 1W with a price above MA50, but the breakthrough in the middle band will confirm the right direction.
Are inheritances possible?
Yes, always in the case of the middle band you have to take into account a strong rebound from it and another downward cycle, but so far there are no such signals.
Good luck!
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