BTCUSD - FACING TWO SCENARIO
In analyzing the Bitcoin chart, two scenarios can be outlined:
Scenario One: The price continues to decline until it reaches the support level at 62,802. After hitting this level, it experiences a strong rally, ascending to its previous high of 73,494.
Scenario Two: Upon reaching the support level at 62,802, the price rebounds to the resistance level at 64,992, or potentially rises to a downtrend of 70,226. However, after touching this level, the price falls sharply, breaking the support zone between 62,802 and 57,396, and stabilizes at 57,396.
Scenario One: The price continues to decline until it reaches the support level at 62,802. After hitting this level, it experiences a strong rally, ascending to its previous high of 73,494.
Scenario Two: Upon reaching the support level at 62,802, the price rebounds to the resistance level at 64,992, or potentially rises to a downtrend of 70,226. However, after touching this level, the price falls sharply, breaking the support zone between 62,802 and 57,396, and stabilizes at 57,396.
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With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
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