Hi dear traders
As mentioned in the previous analysis, the market changed from a downtrend to an uptrend, which is great, but Wednesday's US news will not be without its effects.
Now let's look at it technically
In this uptrend, the closest resistance is around 3145$ and the next resistance is at 3200$ and SMA100, the uptrend break above 3200$ can be accompanied by a wave of recovery, in this case, the next resistance is close to 3300$. Any further increase could bring the price to 3420$ in the short term.
The price can now return to near the 3050$ support and start moving again.
The formation of an ascending flag and its confirmation can also continue.
Good luck
As mentioned in the previous analysis, the market changed from a downtrend to an uptrend, which is great, but Wednesday's US news will not be without its effects.
Now let's look at it technically
In this uptrend, the closest resistance is around 3145$ and the next resistance is at 3200$ and SMA100, the uptrend break above 3200$ can be accompanied by a wave of recovery, in this case, the next resistance is close to 3300$. Any further increase could bring the price to 3420$ in the short term.
The price can now return to near the 3050$ support and start moving again.
The formation of an ascending flag and its confirmation can also continue.
Good luck
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