[Bitcoin] Three possible future direction of Bitcoin!
#Crack #Bitcoin #Binance #Daily
- Bitcoin is accompanied by a strong uptrend, breaking through the sky blue resistance line, and reaching 48k.
- However, Bitcoin is strongly resisted by the upper line of the orange rising channel near 48k, and it can be seen that RSI and RACD are also located at considerable highs.
- If the resistance of the upper line of the orange rising channel is broken, we can expect an uptrend to the maximum of ‘$53,357'. However, there is a possibility that it will not break the resistance of ‘$51,513-$51,886', which provided strong resistance during the previous downtrend.
- If Bitcoin turns into a downtrend without breaking the resistance of the upper line of the orange rising channel, we can expect a decline to confirm the support of the sky blue high resistance line.
- If the retest support of the sky blue high-resistance line is successful, we can once again expect an uptrend to the upper line of the orange uptrend channel.
- If the retest support of the sky blue high resistance line fails, we can expect a decline to the lower line of the orange uptrend channel. If the support of the lower line of the orange bullish channel fails, we can expect support from the lower line of the blue bullish channel.
- Bitcoin is accompanied by a strong uptrend, breaking through the sky blue resistance line, and reaching 48k.
- However, Bitcoin is strongly resisted by the upper line of the orange rising channel near 48k, and it can be seen that RSI and RACD are also located at considerable highs.
- If the resistance of the upper line of the orange rising channel is broken, we can expect an uptrend to the maximum of ‘$53,357'. However, there is a possibility that it will not break the resistance of ‘$51,513-$51,886', which provided strong resistance during the previous downtrend.
- If Bitcoin turns into a downtrend without breaking the resistance of the upper line of the orange rising channel, we can expect a decline to confirm the support of the sky blue high resistance line.
- If the retest support of the sky blue high-resistance line is successful, we can once again expect an uptrend to the upper line of the orange uptrend channel.
- If the retest support of the sky blue high resistance line fails, we can expect a decline to the lower line of the orange uptrend channel. If the support of the lower line of the orange bullish channel fails, we can expect support from the lower line of the blue bullish channel.
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