Hey there,
🔱By examining the chart n the 12-hour timeframe, you can see that the price is currently following a downward channel trend. However, there has been a positive response as the price has managed to grow within the midline of the channel, reaching around the $69 price range. It's currently consolidating in that range.💹
◼Looking ahead, in this 12-hour timeframe, one possible scenario to consider is if the support range around $66/$65 holds, we may see further price growth towards the important resistance level at $72, and even reach the supply zone around $75. To get a better understanding of the price trend continuation, it's important to observe how the price reacts to these resistance levels.💹
🔵Remember, always conduct your own analysis and consider other factors before making any trading decisions. Good luck!"✌✨
❎ (DYOR)...⚠️⚜️
🔹Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!
🔹And if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you! 🙌
🔱By examining the chart n the 12-hour timeframe, you can see that the price is currently following a downward channel trend. However, there has been a positive response as the price has managed to grow within the midline of the channel, reaching around the $69 price range. It's currently consolidating in that range.💹
◼Looking ahead, in this 12-hour timeframe, one possible scenario to consider is if the support range around $66/$65 holds, we may see further price growth towards the important resistance level at $72, and even reach the supply zone around $75. To get a better understanding of the price trend continuation, it's important to observe how the price reacts to these resistance levels.💹
🔵Remember, always conduct your own analysis and consider other factors before making any trading decisions. Good luck!"✌✨
❎ (DYOR)...⚠️⚜️
🔹Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!
🔹And if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you! 🙌
Comment:
TP :1 / $72 REACHED🔥✅✌
Trade closed: target reached:
ALL targets reached 🔥 9% $75
Comment:
🔱According to our analysis, After a pretty impressive 9% jump from the resistance level of $75, the price experienced a correction.✌🏻🔥
Follow Your Own Trading Plan!
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