Particl has formed a double bottom at 67500 satoshis after which price went up and today broke above the downtrend trendline. It seems that this is the beginning of either a correctional move up or even trend reversal.
PART/BTC is expected to rise towards 94150 satoshis area in the near future. This is the 50% Fibonacci retracement level from the last wave down. Price could reach 61.8% Fibs, that is 100k satoshis area, the key psychological resistance.
Break and close above this resistance could be the confirmation of the trend reversal, but for now only a correctional wave up is expected. On a downside, break and close below the recent low at 66k satoshis should invalidate bullish outlook.
PART/BTC is expected to rise towards 94150 satoshis area in the near future. This is the 50% Fibonacci retracement level from the last wave down. Price could reach 61.8% Fibs, that is 100k satoshis area, the key psychological resistance.
Break and close above this resistance could be the confirmation of the trend reversal, but for now only a correctional wave up is expected. On a downside, break and close below the recent low at 66k satoshis should invalidate bullish outlook.
Penafian
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.