📥 If The Price Breakout 41k Next Target Will Be 45k Area

🎯 The Last Update Perfectly Worked And The BITCOIN Price Dumped From 48k Top To The 38k Area As I Expected ,Now I Wanna Talk About My Next Plan

📥 38500$ Is a Area That 1.272% Fibo Level Located There And I Named It As a Wave A or 1 Low ,Bounce From Here To The 45k Level Is Expected Only By One Condition 👇

❗️ There Is a Strong Resistance At 41k Level And If The Price Breakout From This Level And Flip It To The Support Bullish Scenario Will Confirm ,So As Long As The Price Playing Below 41k Level It’s Not a Logical Decision To Enter The Market

Kommentera:

✅ The BITCOIN Price Breakout From The 41k Resistance Area And Now The Price Faced Previous Trend Line ,Currently There Are Scenarios For The BTC

1️⃣ Pullback Below The Previous Trend Line And Start a New Bear Rally

2️⃣ Breakout From This Level Toward a 45k

Kommentera:

👉 There Is a Resistance At 42800$ Level That I Named It As a Wave A From ABC Main Count ,Currently Move Down To The 40700$ Is Possible As a Wave B Low Then Bounce To The 44k As a Final Target

Kommentera:

👉 By This Clear Bear Flag Formed At The BTC Chart I Can’t Be Bullish In Here ,Shadow To 44500$ Is Possible But Totally 43800$ Is a Strong PRZ And I Named It As a Wave C Pivot

📉 40500$ Is a Next Station For Next Bear Rally And In a Situation Of Breaking Down This Level Next Target Will Be 37k Area

Kommentera:

Nice ,Exactly Depend On The Plane The BITCOIN Price Rejected From 43800$ PRZ And Breakdown The Bear Flag Trend Line ,40500$ Is a Next Station I’m Looking

Kommentera:

There Is a Strong Resistance At 43800$ But Currently The Price Formed a Inverse Head And Shoulder And Also a Bull Flag At This Level So Breakout From This PRZ To The 45100$ Is Expectable