As we can see price is receiving a strong support zone here and only if this local support remains valid we can expect a pump here like the green arrows.
If this support breaks we can expect more fall here to the targets like 35K$ Or 32K$.
38500$ is 0.61% Fibonacci level too.(the reason that we named it major support)
<<press like👍 if you enjoy + comment your opinion about the market or your thoughts, below this analysis >>
If this support breaks we can expect more fall here to the targets like 35K$ Or 32K$.
38500$ is 0.61% Fibonacci level too.(the reason that we named it major support)
<<press like👍 if you enjoy + comment your opinion about the market or your thoughts, below this analysis >>
My Free telegram channel:
t.me/mmbtchannel
VIP channels:
Forex:+400 Pips and Crypto +245% monthly PROFIT VIP CHANNELS.
check the pinned message in telegram for more info and plans.
t.me/mmbtchannel
VIP channels:
Forex:+400 Pips and Crypto +245% monthly PROFIT VIP CHANNELS.
check the pinned message in telegram for more info and plans.