BTCUSD is following bearish channel, recently breakdown the support level: 33770, and landed on next and last support : 31940, and touched bearish channel lower, accumulation is happening near support. In this support level price reflected huge moment historically, To follow Golden rule: Be with trend, (short setup could possible at 33770)
Trend line an hr. time frame basis !Strong close below 3940 should be hell bearish move.
Technical- Based on Support/Resistance and trend line: - Strong Suport: 31940 - Strong Resistance: 33770
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Breakdown support level: 31940, respected. (support became resistance)