BTCUSDT ! Falling channel. Movement without rollbacks

BTCUSD shows and continues to show us that it will continue to fall. Please note that from April, the price starts to form a falling price channel. The price very clearly fulfills the boundaries of the channel and the fall is formed by steps.

On the chart, we don’t see pullbacks, nobody buys the price, there is too much pressure for the coin to fall.

We have a strong level of 20100, from which a false breakdown was made earlier and the price was not even able to update the local tops on the rollback.

I assume a breakdown of the support level, followed by price fixing below the level. Short term target is 17700 range support and medium term target is 16200 liquidity zone.

Sincerely, R. Linda!

액티브 트레이드:

During the day, the price tried to go up from the level, but bitcoin is under pressure. The price comes under the level of 20100 and consolidates after the retest. Falling down