Potential for a shadow and subsequent increase towards 69/70K
Currently, the price is approaching the support of the upward trend. There is a liquidity zone at the $65,800 level, indicating a potential shadow and a subsequent price increase towards $69,000/$70,000.
If the current support is broken, there is a likelihood of the price moving towards $64,000/$62,000. Observing these levels can provide insights into potential market movements. As long as the price remains in an upward trend, monitoring pullbacks (price retracements) could be beneficial for understanding market dynamics.
If the current support is broken, there is a likelihood of the price moving towards $64,000/$62,000. Observing these levels can provide insights into potential market movements. As long as the price remains in an upward trend, monitoring pullbacks (price retracements) could be beneficial for understanding market dynamics.
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