Daily analysis (trading range + proof of yesterday's analysis)
According to yesterday's analysis:
"If Bitcoin crosses the $ 47,380 mark, it will create a new trading range above the red line." That happened. (Yellow rectangle)
*
Today:
I have designed a new trading range. Purple and red rectangles.
If it can cross the $ 48,500 mark with power, it will create a new trading range inside the Purple Rectangle.
But the crucial moment is when the price of Bitcoin crosses the $ 49,100 mark.
It would be very promising to reach $ 50,000
**
If something unexpected happens and the price goes down, we should look for the $ 47,700 range.
It can be dangerous if it comes down from it
*
Please like & comment.
Good Luck
Alchemist
"If Bitcoin crosses the $ 47,380 mark, it will create a new trading range above the red line." That happened. (Yellow rectangle)
*
Today:
I have designed a new trading range. Purple and red rectangles.
If it can cross the $ 48,500 mark with power, it will create a new trading range inside the Purple Rectangle.
But the crucial moment is when the price of Bitcoin crosses the $ 49,100 mark.
It would be very promising to reach $ 50,000
**
If something unexpected happens and the price goes down, we should look for the $ 47,700 range.
It can be dangerous if it comes down from it
*
Please like & comment.
Good Luck
Alchemist
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