Point D of the Triangle can be around 35000$, and if Bitcoin breaks the Important Support Line, my scenario will be changing. Still, I expect that Bitcoin will go up again from 35000$, and then the Point E of Triangle will be a critical point for us.
๐ดResistance Zones๐ด & ๐ขSupport Zones๐ข that we have in front of Bitcoin.
๐ดResistance zone on Bitcoin's way:
๐ดResistance zone: 50830$ until 49400$ (Resistance + Cluster of Fibs+ SMA200 (TF Daily))
๐ดHeavy Resistance zone: 46020$ until 43100$ (Resistance + Cluster of Fibs + SMA100 (TF Daily))
๐ดResistance zone: 40220$ until 39400$ (Resistance + Cluster of Fibs+ SMA50 (TF Daily))
๐ขSupport zone on Bitcoin's way:
๐ขSupport zone: Around 35000$ (Support+ Important Support Line,)
๐ขHeavy Support zone: 30650$ until 29200$ (Support + Cluster of Fibs)
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
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