BTCUSD new trendline and resistance formed , more correction ?

١٧ أبريل ٢٠٢١

As we can see price break ascending channel that was expected and now is retesting the breakout and more fall is expected after this :

now here we can see that new falling trendline formed and this is strong resistance ahead and 20MA broke and now is retesting that breakout too and after retesting breakout of 20MA again bearish market will lead and targets that marked is expected :

Targets:
A. 59200
B. 56800

Notice: if red trendlines break we may have continuation of rise and again bullish market is expected and targets that shown with green paths .
DISCLAIMER:
1.trade carefully and have stop loss for sure
2.Past performance is not indicative of future results.


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١٧ أبريل ٢٠٢١

أغلقت الصفقة: تم الوصول للهدف

first target reached

١٨ أبريل ٢٠٢١

أغلقت الصفقة: تم الوصول للهدف

all targets reached

more fall is expected ?where is next support zone ?