MMBTtrader

BTCUSDT is retesting broken trendline, more fall or breakout

MMBTtrader تم تحديثه   
BINANCE:BTCUSDT   Bitcoin / TetherUS
The price is now near the first local resistance zone that is really important and we have two possible scenarios here:
A. Retest breakout and more fall:the green trendline was strong support for bitcoin that broke and now it can easily become resistance and then local correction like the red arrow.

B. Breaking this local resistance: or like green arrow breaking this local resistance here and pump easily to targets like:
A. 46250$
B. 47700$

Notice: if the price starts to see some correction here like the red arrow, still bitcoin has more possibility to continue pumping and soon breaking these resistances too. (wait for update then)

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أغلقت الصفقة: تم الوصول للهدف:
Red arrow completed


Next support zone is 42K that we may have some rise and pump

But as we said price is retesting breakout and may fall more
أغلقت الصفقة: تم الوصول للهدف:
40K support is touching (First support on the chart)

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