BTCUSD best support zone touched we may expect new ATH (80K)?
Mis à jour
As we can see price dump hard and that was technically expected too (linked below).
now we have new resistance zone that formed and is around 53K (mentioned a lot on previous 4H analysis).
we may have some more correction here but two strong daily support is now ahead :
A. 40000$ zone :green zone
B. 30000$ zone (if it touched again) :Blue zone
Targets and resistance ahead:
A. 52K
B. 64K(previous all time high)
C. 80K(new ATH looking for based on Fibonacci and is reachable if some condition and breakout happen we will update soon)
DISCLAIMER: ((trade based on your own decision ))
<<press like👍 if you enjoy💚>>
now we have new resistance zone that formed and is around 53K (mentioned a lot on previous 4H analysis).
we may have some more correction here but two strong daily support is now ahead :
A. 40000$ zone :green zone
B. 30000$ zone (if it touched again) :Blue zone
Targets and resistance ahead:
A. 52K
B. 64K(previous all time high)
C. 80K(new ATH looking for based on Fibonacci and is reachable if some condition and breakout happen we will update soon)
DISCLAIMER: ((trade based on your own decision ))
<<press like👍 if you enjoy💚>>
Note
As we can see we had Creation of H&S on weekly too (with colorful cycles)so if last support (30K) break then bear🐻 market will lead and dump more .
Note
4H:
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