đđBreaking đšđš
Price now: 59400-60400
The rise may extend to 60,000 and close above, then we will see the rise continue to the next resistance at (B) at 66430.
If it rebounds from that resistance, we will see a correction to areas (C) between 50398 and 48749.
If the one-week candle closes below 50K, then the price will continue to 41K (D) for the futures contract after which it will head up again.
Of course, the chart is weekly, so it may take a long time, but this is the general view of the current situation... and I may have made mistakes and I may have been right, as no one can predict the exact next movement!..
It is also necessary to be careful because today at 13:30 GMT the US GDP statement will be issued and violent market movements may begin at that time!
(Analysis and general overview of the market, not investment advice)
Always DYOR
Follow me for more news, analysis and soon accurate 99% signals đ„
Good luck đ”đč
