Long

BITCOIN Daily TA : Bull or Bear ?

Hi guys , we're back ! Well , as you can see the BEARS that shorted 46K to 48K range are reaching their most important goal (or even final target) (25K to 26K), because under old support Price in the $ 28,800 range There was a super massive pool of liquidity where they could close their own positions (converting a sell position into a buy one as soon as the short positions close and reduce the selling pressure in the market as well as increase the entry of buyers). There are currently two major scenarios ahead of the price , as this range is the last and most important PRZ , The second scenario is if the price can't consolidate above $ 32,800 and more sellers enter the market and this time look for larger targets such as 22K and 18.8K.

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⚠️ This Analysis will be updated ...
👤 Arman Shaban : ArmanShabanTrading
📅 05.15.2022
⚠️(DYOR)

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