Hello Traders!
Here it is, the key point.
The price is clamped on both sides and now she needs to make a choice. From below, the strong support line doesn't allow Bitcoin to fall, and from above the resistance line doesn't allow to rise.
In case of breaking through the support line, I expect a quick impulse down to the support level 8940 near the support line.
If the price breaks the resistance line, I expect a more smooth growth at least to the resistance level 12000 (at the intersection with two resistance lines)
Here it is, the key point.
The price is clamped on both sides and now she needs to make a choice. From below, the strong support line doesn't allow Bitcoin to fall, and from above the resistance line doesn't allow to rise.
In case of breaking through the support line, I expect a quick impulse down to the support level 8940 near the support line.
If the price breaks the resistance line, I expect a more smooth growth at least to the resistance level 12000 (at the intersection with two resistance lines)
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bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex
