important zone!
If we pay attention to the chart in 1h scale, we see an important zone which shows two important lines.
The static resistance line in price ~39K plays a great role which as it seems price many times shows us reaction. Another line is downside of uptrend channel that price may arrive there soon.
If price breaks static resistance up strongly it could be a bull signal for buyers. Otherwise, it goes down strongly.
Based on my survey around the Volume, ichimoku, Moving average Lines, Fibonacci, RSI and OBV, I think it would be downtrend and bearish.
The static resistance line in price ~39K plays a great role which as it seems price many times shows us reaction. Another line is downside of uptrend channel that price may arrive there soon.
If price breaks static resistance up strongly it could be a bull signal for buyers. Otherwise, it goes down strongly.
Based on my survey around the Volume, ichimoku, Moving average Lines, Fibonacci, RSI and OBV, I think it would be downtrend and bearish.
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