What will be the next direction of the price?
We see that BTC reached the 0.61 Fibonacci level of the last bullish movement that occurred.
It is necessary for BTC to provide more information to take another long or short position, because we have little information. We know that on the 1H chart it is still in an uptrend, but we can summarize the possible next movement in these key areas.
Possible Long 📈 if:
the price consolidates or exceeds 109,274.976
Possible Short 📉 if:
The price consolidates or breaks forcefully below 108,262.38
SET YOUR ALERTS at those prices
#BTC #trading #chems #LONG✅ #SHORT📉 $BTC