$BTC Weekly TF : 🔴 PLEASE READ THE CAPTION 🟢

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By examining the daily and weekly chart of Bitcoin (the daily chart will be publish after this one) , we can see that the price reacted negatively after reaching the High of The Month (the highest price recorded in JULY ) and started to correct, currently the most important price resistance is the range of $24,300 to $24,650 is , so if the weekly and monthly price candle can close above this price, we can expect growth up to the target of $26,800! Currently, the price is trading in the range of $24,000! The next scenario, which I also expect, is correction to the range of $20,700 to $21,400. If we see a positive reaction, we can enter a long position in this range! The guys who are looking for sell positions can enter the trade with the target of $21,400 when they see the signal within the resistance range that I told them! So my main and primary scenario is the drop to the mentioned range!

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⚠️ This Analysis will be updated ...
👤 Arman Shaban : ArmanShabanTrading
📅 08.01.2022
⚠️(DYOR)

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