If the price closes above the yellow line with a strong candle, we can say the upward movement towards $47,000 is likely to continue; otherwise, we are in a range-bound movement between $3,000 and $25,000.
Note
3000$ and 25000$
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.