Arazmajeed

BTCUSD 4H : Waiting for breach 35048

Long
EIGHTCAP:BTCUSD   Bitcoin
BTCUSD

New forecast

The price perfectly fulfills my last idea and price reached to our first target and now on the way to reach the second target .

Bitcoin price resumed its positive trading after reaching our expected target at 35048 and rebounded from it, trading near the 35048 barrier, waiting for it to breach to achieve our next positive target at 35754 and 37000.

The ascending channel continues to organize the proposed ascending wave, and supports the chances of achieving more gains in the longer term, recalling the importance of stability above 33022 for the continuation of the expected rise. so it is possible to do a retest and then rise up and the main condition to be up trend is stability above 35048 and then our targets will be activate .

The expect range trading for today will be between resistance line 35754 and support line 33022.

support line : 33022 , 31044
resistance line : 35048 , 37000

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