Bitcoin Uptrend or downtrend ?!! (1H)
Based on fibonacci retracement I recognize some PRZ lines and figured out that about 75 candles are in range between to lines and that was disappointing moment because I really don`t know what is going on!! there are two scenario:
1- if price break up the resistance line it will probably goes up to 57376 USDT
2- if price break up the support line it will probably goes down to (51000 ~ 50000) USDT
So if any of these two scenario happend I wait for volume validation and then decide.
I will thankful if you share comment with me so I can publish more accurate analysis.
Disclaimer : This analysis is based on my technical experience then I am not responsible for your trading approach.
1- if price break up the resistance line it will probably goes up to 57376 USDT
2- if price break up the support line it will probably goes down to (51000 ~ 50000) USDT
So if any of these two scenario happend I wait for volume validation and then decide.
I will thankful if you share comment with me so I can publish more accurate analysis.
Disclaimer : This analysis is based on my technical experience then I am not responsible for your trading approach.
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