Hi guys! ππ»
π There is a strong resistance being tested by Bitcoin right now.
π BTC will most likely drop to $37350 if doesn't break above this resistance.
π There are strong dynamic and static supports on $37350 which should support the next jump to $49900 to complete this parallel channel pattern, which hopefully won't turn out to be a flag pattern.
π $48K would be the first major resistance, if closes above $42000
π If Bitcoin closes below $37350 it might as well drop to the lows of 2021 at $30275
βπ» Good luck with your trades! βπ»
If you like the idea hit the ππ» button, follow me for more ideas.
π There is a strong resistance being tested by Bitcoin right now.
π BTC will most likely drop to $37350 if doesn't break above this resistance.
π There are strong dynamic and static supports on $37350 which should support the next jump to $49900 to complete this parallel channel pattern, which hopefully won't turn out to be a flag pattern.
π $48K would be the first major resistance, if closes above $42000
π If Bitcoin closes below $37350 it might as well drop to the lows of 2021 at $30275
βπ» Good luck with your trades! βπ»
If you like the idea hit the ππ» button, follow me for more ideas.
Nothing is true, everything is permitted.
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π€ I am one of the 11K TradingView users who trade on BingX - bingx.com/partner/Aziz
_________________________________
π€ I am one of the 11K TradingView users who trade on BingX - bingx.com/partner/Aziz