SasanSeifi 💁‍♂️BTC daily / update

In the daily timeframe, as you can see, based on past analysis, after a correction from the important resistance zone, the price started moving positively and is currently trading around the price range of $26,900. From a technical perspective, the previous report remains valid, and in the long term, we might witness a price correction towards the correction targets in the price range of $22,600.

Currently, the key resistance levels ahead are $27,300 and $27,800. Possible scenarios to consider are as follows:

If the price manages to break above the important resistance levels on the daily timeframe and holds above them, there's a possibility of further growth towards the liquidity zone at $28,200 and the supply area at $29,200. In this case, keep an eye on how buyers respond, as a confirmation of selling could result in a price rejection.❗

On the other hand, if the momentum weakens and confirms on lower timeframes below the resistance levels at $27,000, we might observe a price correction.❗

✨What's your opinion? Do you agree?


🔵Remember, always conduct your own analysis and consider other factors before
making any trading decisions. Good luck!"✌️

previous analysis👇