Based on the chart, the price is located close to major support and vital purple zone ✔️💡
if
the price breaks the purple zone and the red trend line to the upside and stays out of this pattern, we will see more gain and our first target (short term) can be $45000 and our next target (long term) can be $52000 🚀🚀
second possibility (weak)
and if the price breaks the purple zone and the major support ($36500) and the green trend line to the downside we will see correction to the downside and our first target is $32800 ❌🧨
Please, feel free to ask your question, write it in the comments below, and I will answer.🐋
if
the price breaks the purple zone and the red trend line to the upside and stays out of this pattern, we will see more gain and our first target (short term) can be $45000 and our next target (long term) can be $52000 🚀🚀
second possibility (weak)
and if the price breaks the purple zone and the major support ($36500) and the green trend line to the downside we will see correction to the downside and our first target is $32800 ❌🧨
Please, feel free to ask your question, write it in the comments below, and I will answer.🐋
