Peace be upon you, Thank God we have reached the goal we had set thanks to God, And if you would like to honor us in our group for continuous updates, you will enlighten us š¹
We have a test for a resistance area at 59.48, and if this resistance is breached and trading is above it, it will give us a positive signal for further upward movement
61.07
However, if the index fails to stabilize above 59.48, we will see a test of the support level at 57.85
We need BTC to stabilize above 91539 and trade sideways until we continue to rise, God willing. If the important level we have, which is 91539, is broken, the upward scenario will be canceled and there is a possibility of it dropping to break the bottom
Hello,\n\nBTC Update\nSo far, the upward scenario is the closest after breaking the first area we mentioned in the previous update.\n\nWhat is important for us now:\nIs to maintain the price stability above level\n91539\n\nAnd the level 93163 is also important for stability above the price.\nBut the main support that we do not want to break is 91539,\nand stability above this level is what we need until we start monitoring the chart and see at that time, God willing.\n\n#BTC #ETH
In the previous update, we talked about important areas, which are:
1- 91539 2- 93163
In the past few days, we saw that BTC rose close to the second level at 93092. We mentioned the importance of it stabilizing above this area and trading above the price until we see a recovery on the chart, but the rise was false, and it closed below the main area 91539.
After that, the price dropped to support 85593 and broke it. We previously mentioned that instability in important areas would lead to breaking the support, and the break was confirmed, then it rebounded from the support close to the main support
83893.
The nearby support now is 83893, and we saw a rebound from it, and the price is currently trading above the main support area 85593.
If the price stabilizes above the support with strong upward momentum, we await stabilization between: ⢠91539 ⢠Then initial stabilization for a breakout
93163
And stabilizing above this price gives positivity and a signal of recovery, God willing.
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As for the second scenario:
The price returns and stabilizes below: ⢠85593
Then it breaks the previous low at: ⢠83893
At that time, our first target will be: ⢠Level 79647 as the first target.
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We will monitor the chart, and upon touching any level of the mentioned levels, a new update will be published.
Thank God, the group that is with us in the group was alerted before going down, and we have specified clear points so that the update is understandable to everyone. We are honored to have you there, and we wish everyone success š¹ #BTC #ETH
In the previous update, we talked about important areas which are: 91539 93163
And we mentioned that it is important for Bitcoin to stabilize between these prices. However, as you can see, the price gave a rise after stabilizing on support 85593 then gave a bounce to 93092, and afterwards it dropped and the price did not hold.
If the price does not stabilize at the points we mentioned and stays above them, this suggests that the rise is just a correction to continue the drop and break the level 85593 unless the opposite is established and it stabilizes on the areas that were specified.
visionN_of_Future
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Peace be upon you and God's mercy
Update #BTC
BTC is standing at support 85593, it is important to maintain this support for an upward movement
to the level
91539 and 93163 š And it is essential to maintain this level to continue the rise, God willing. Okay, in case the level 85593 is broken, the targeted area
79647 as the first area
After touching any of the mentioned levels, an update will follow
BTC is standing at support 85593, it is important to maintain this support for an upward movement
to the level
91539 and 93163 š And it is essential to maintain this level to continue the rise, God willing. Okay, in case the level 85593 is broken, the targeted area
79647 as the first area
After touching any of the mentioned levels, an update will follow
For God, I greet you. Look from the aspect of our drop, it's 76 thousand incoming, but this thing depends on the support 85593. If the price cannot maintain it, there will be a drop to the first level down to 79647. After that, in case there is clear and stable weakness above 79647, there will be a level before 76, which is 77947. Then we will see the chart shape, and I will send you an update. Regarding your second question about the currency season, logically, currencies have made bottoms, and the indicators are in a very high selling saturation, and it must be, God willing, at least there will be a good rebound for the currencies until the selling indicators' inflation decreases. After that, we will see the chart shape and judge after their rebound whether it continues to rise or completes their drop. I am honored to have you, and I hope I was able to provide you with the information you needed š¹
Is the possibility of dropping to the 76 thousand areas likely or, God willing, our affairs are good? And a second question, I will bother you, will we witness a season of alternative currencies or has the season been affected?
BTC is standing at support 85593, it is important to maintain this support for an upward movement
to the level
91539 and 93163 š And it is essential to maintain this level to continue the rise, God willing. Okay, in case the level 85593 is broken, the targeted area
79647 as the first area
After touching any of the mentioned levels, an update will follow
And we wish you success.
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