In the analysis before the weakness of the candlesticks, we said that the correction was more intense than we thought
As mentioned, the range of 55,000 can be a good support point for the bit, which has so far prevented further collapse.
At present, it can be expected that if the candlestick closes above 57,500 daily, we will have an upward movement in the range of 59,500, and then the reaction of the candlesticks to this range should be examined.
A negative reaction to this range can cause the correction to continue towards the targets up to the range of 50,500, and if it passes, we will have an upward trend.
As mentioned, the range of 55,000 can be a good support point for the bit, which has so far prevented further collapse.
At present, it can be expected that if the candlestick closes above 57,500 daily, we will have an upward movement in the range of 59,500, and then the reaction of the candlesticks to this range should be examined.
A negative reaction to this range can cause the correction to continue towards the targets up to the range of 50,500, and if it passes, we will have an upward trend.