MMBTtrader

BTCUSDT broke neckline of H&S pattern heavy fall ahead ?

MMBTtrader 업데이트됨   
BINANCE:BTCUSDT   Bitcoin / TetherUS
We expect more fall and correction for bitcoin here and targets marked on the chart with a price label.

New local resistance that formed is near 62K$ so if this local double bottom on the chart pump price then we can expect first sell pressure near this resistance zone and also if that resistance break then more pump to 64K resistance is also possible.

Notice: the market may be range for while but any breakouts of the red zone or green zones on the chart can dump|pump price hard because these zones are major supports and resistances now.

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코멘트:
Daily view:
액티브 트레이드:
The first resistance zone that is 61700 is touching and we can expect some sell pressure.
코멘트:
Local Descending channel that formed and price now is touching resistance of channel too:
코멘트:
price dumped hard and previous red arrow complete the path and all short-term targets reached now:

soon we can expect a breakout from channel resistance or support with high volume that is now available

PUMP and new ATH or DUMP and 50K support?

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