BTCUSD is near strong support zone , and new channel formed too

١٤ مايو ٢٠٢١

Before more expected fall or ... , we need some range on this area or even some great rise is expected why not ?

price had huge fall as it was expected and now we have two important factor that may pump price maybe once again .

1.volume of low was healthy as we can see like previous times and it was not low volume

2.by watching resistances and these two supports that we had new channel formed and price is now near channel support and we may expect rise at least to our first Target that motioned with red lines and are new resistances .

Targets:
A. 53300
B. 56000

Notice: on daily chart there is strong support left where is that support that if it break we may expect 39K to be reached?(send answer with chart and the chart that get more like in comments for first 12H will receive donation )

DISCLAIMER:.
1.trade carefully and have stop loss for sure
2.Past performance is not indicative of future results.


<<press like👍 if you enjoy💚>>