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

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.

DISCLAIMER: ((trade based on your own decision ))
<<press like👍 if you enjoy💚>>

Bình luận:

Daily view:

Giao dịch đang hoạt động:

The first resistance zone that is 61700 is touching and we can expect some sell pressure.

Bình luận:

Local Descending channel that formed and price now is touching resistance of channel too:

Bình luận:

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?