BTCUSDT in new Daily Ascending channel

Bitcoin / TetherUS BINANCE:BTCUSDT

MMBTtrader

As we can see price is falling from 48200$ resistance (channel resistance + 200Ma resistance was there) and now we can expect a range market here until the price breaks major support(channel support zone: 37500$ ) then heavy dump is ahead or breaks major resistance (channel resistance: 49000$) and only then more pump is expected.

<<press like👍 if you enjoy + comment your opinion about the market or your thoughts, below this analysis >>

You might be interested in …

Trading View May 12, 2022

BTC/USD Daily TA Neutral Bearish

BTC/USD Daily TA Neutral Bearish BTC/USD COINBASE:BTCUSD dailytaguy BTC /USD Daily neutral with a bearish bias. Recommended ratio: 40% BTC , 60% cash. Price is currently testing the uptrend line from March 2017 as support […]

Trading View May 15, 2022

CRYPTO week ahead: May 16 – 22

CRYPTO week ahead: May 16 – 22 Bitcoin / U.S. dollar BITSTAMP:BTCUSD XBTFX Last week in the news A perfect storm are words frequently used to describe what was happening on the financial markets during […]

Trading View May 20, 2022

Inverted cock & balls

Inverted cock & balls Bitcoin / TetherUS BINANCE:BTCUSDT panunen Possible Inverted cock & balls formation in sight Entry: 30790 Toilet Paper: 32900 STOP! 29840 Not financial advice!