Hello dear traders:
In the chart, we see that the price line has broken its first resistance at the price of 38,500 and has moved upwards with strength.
And also removed the resistances 39,500 and 40 ,500.
Now in a not so strong resistance, 41,500 is strengthening its forces. If it weren’t for the weekend, he would have broken it too.
Now if buyers can reach a consensus that the price will go up. This resistance is also broken and stabilized. Be sure to break and stabilize at the price of 41,500.
Of course, now there is no powerful candle in the 4-hour time frame. But the indicators and oscillators are in a good position. There is good support at the price of 41,300.
If he loses it, he will be supported from 40 ,000 to 40 ,500. “Red arrow”
And if we lose it, we have to wait for the lowest price in 2022.
Be profitable