I think the scenario of breaking the return line of the ineffective resistance in red after its decline from ((the triangle of confusion)) as I explained in the previous video?
If it closed today below the red line and the candle tomorrow is bearish?
It will not return until it touches the 58K area as an effective resistance?
But the scenario for returning or rising after that will be to the 65K area, then successively to the 68,500k area, which challenged the resistance. If it is penetrated, it will continue to 74K.
The period of returning to the 65K area if it falls to the 58K area will not take much, maybe two days.
That means two days of decline and two days of return, and by the end of next week it will be above 66K.
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((Only personal analysis)) *** I am not responsible for anyone but myself and it is not a recommendation. It may be correct or not?? Whales and bulls in the middle of the battle now
It is clear that the bulls have gone crazy due to the market being saturated with money, which is why it has fallen and soon the market will be for the whales and with full force after hibernation for months?
And is this the beginning of the bull run process??
It is possible that the matter will not take a week to recover, so be careful?
Whoever has a long investment should leave their currencies as they are and not take risks???
And whoever has a short investment, you should be careful and stop the loss at 5% or according to your ability to bear it....