Bitcoin's 3rd Test: The Crucial Levels to Watch ððĨð
Video:
Hey Traders,
We've been closely monitoring Bitcoin's performance and it's time for an update. We've reached the third and crucial test of a major resistance level, and things are looking promising. ðŊ
First Resistance: 29,900 - 30,000 ð
The first resistance level we're facing is between 29,900 and 30,000. This is a key area to watch, as breaking through it could set the stage for tackling the next resistance level.
Second Resistance: 31,000 - 31,600 ð§
The second resistance level is a bit tougher, lying between 31,000 and 31,600. This is the real test. If we can break through this, the path to higher levels becomes much clearer.
The Big Picture ð
According to my analysis, there's a 60% chance that we'll break through the 31K resistance. If that happens, we could see Bitcoin soar to the 44-45K range, a very doable and likely scenario. ð
Why the Third Test Matters ðĪ
In trading, the third test often proves to be the decisive one. It's like the market is finally ready to make a move, and this could be our moment.
1,2,3 Go on 15min:
(it works on all timeframes)
Final Thoughts ðĪ
Keep a close eye on these resistance levels. If Bitcoin can break through, we could be looking at a significant uptrend. Let's see if the third time really is the charm!
Happy Trading! ð
One Love,
The FXPROFESSOR ð
Hey Traders,
We've been closely monitoring Bitcoin's performance and it's time for an update. We've reached the third and crucial test of a major resistance level, and things are looking promising. ðŊ
First Resistance: 29,900 - 30,000 ð
The first resistance level we're facing is between 29,900 and 30,000. This is a key area to watch, as breaking through it could set the stage for tackling the next resistance level.
Second Resistance: 31,000 - 31,600 ð§
The second resistance level is a bit tougher, lying between 31,000 and 31,600. This is the real test. If we can break through this, the path to higher levels becomes much clearer.
The Big Picture ð
According to my analysis, there's a 60% chance that we'll break through the 31K resistance. If that happens, we could see Bitcoin soar to the 44-45K range, a very doable and likely scenario. ð
Why the Third Test Matters ðĪ
In trading, the third test often proves to be the decisive one. It's like the market is finally ready to make a move, and this could be our moment.
1,2,3 Go on 15min:
Final Thoughts ðĪ
Keep a close eye on these resistance levels. If Bitcoin can break through, we could be looking at a significant uptrend. Let's see if the third time really is the charm!
Happy Trading! ð
One Love,
The FXPROFESSOR ð
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