MA100 on Daily (Or MA200 on 12H) strongly held the price from lower levels multiple times. For now, we can count on it around $41000. If broken down, we may see 37k area. then there are two possible scenarios shown on the chart.
* If selling pressure happens by the bears and price drops, bulls will defend on 35k area at major trendline support that also can be the support line of the wedge. * If #Bitcoin sees 37k or 35k, it's the last chance to enter before retesting the ATH, probably till year ends IMO. * If an institutional buyer enters the market, technical scenarios fail.
Just an #idea Not Financial Advice
Good luck!
トレード終了: 利益確定目標に到達
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MA was strong and supported the price from falling