BTC/USDT
According to the previous analysis, it re-entered the decline in the specified period and decreased to the specified limits.
The lower support range is around the price range of 45,000 and we expect the correction wave to finally end at this level and the long-term uptrend will continue.
As long as the price is above the support level, the correction period is expected to be short and the price will recover quickly after closing the weekly candle and move to 58,500 as the most important static resistance of the range and then complete another correction wave. Move upwards in order to break the price ceiling
However, in case of penetration into the mentioned support range, the correction will be longer in terms of time and the upward wave predicted in the previous analysis to the target of 96,000 will be delayed and the time for completion of the correction will be 3 to 4 months.
According to previous analyzes and the completion of the correction from the perspective of the purchase chart in the current range up to the range of $ 45,000, it will be reasonable and risk to the appropriate review.
The loss for the proposed analysis is below $ 45,000 after closing the weekly candlestick.
In case of any change in the main process of update analysis and if necessary in short periods of time will be provided
good luck
Cryptoclub Analytical Team
According to the previous analysis, it re-entered the decline in the specified period and decreased to the specified limits.
The lower support range is around the price range of 45,000 and we expect the correction wave to finally end at this level and the long-term uptrend will continue.
As long as the price is above the support level, the correction period is expected to be short and the price will recover quickly after closing the weekly candle and move to 58,500 as the most important static resistance of the range and then complete another correction wave. Move upwards in order to break the price ceiling
However, in case of penetration into the mentioned support range, the correction will be longer in terms of time and the upward wave predicted in the previous analysis to the target of 96,000 will be delayed and the time for completion of the correction will be 3 to 4 months.
According to previous analyzes and the completion of the correction from the perspective of the purchase chart in the current range up to the range of $ 45,000, it will be reasonable and risk to the appropriate review.
The loss for the proposed analysis is below $ 45,000 after closing the weekly candlestick.
In case of any change in the main process of update analysis and if necessary in short periods of time will be provided
good luck
Cryptoclub Analytical Team
Trade closed: target reached
Immediately after reacting to the resistance specified in the analysis, it is corrected ...
According to the previous analysis, after dealing with these limits, we should see price correction up to two ranges of 51000-53000
Due to the structure of the previous waves, this correction may occur very sharply
If the resistance of 58500 passes and the price stabilizes, the analysis will be updated again
Trade active
It also fails to cross the resistance range mentioned in the analysisDue to the sensitivity of the range as well as the completion of the analysis cycle for this wave, please consider losses for all your trades and avoid emotional decisions to buy.
It is very important to review the chart and time analysis in the next 48 hours and it is expected that the new market trend will be determined during the mentioned period.
In case of any change, the chart will be updated
Trade closed: stop reached
With the loss of the range of $ 53,000, we are witnessing a deep and sharp decline
As mentioned in the previous analysis, the re-price trend has been declining over the specified period, and this time it is expected that this downward wave will penetrate even below the 45000 range.
In case of reaction to the mentioned limits or any change, the chart will be updated again
Mr ChaRtist
Providing you with the best & most accurate analysis based on CryptoCurrency & Forex markets.
Follow us on Telegram at t.me/MrChaRtist2025
Providing you with the best & most accurate analysis based on CryptoCurrency & Forex markets.
Follow us on Telegram at t.me/MrChaRtist2025
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Mr ChaRtist
Providing you with the best & most accurate analysis based on CryptoCurrency & Forex markets.
Follow us on Telegram at t.me/MrChaRtist2025
Providing you with the best & most accurate analysis based on CryptoCurrency & Forex markets.
Follow us on Telegram at t.me/MrChaRtist2025
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.