BTCUSDT Only after breaking 37K$ support heavy dump is ahead

Bitcoin / TetherUS BINANCE:BTCUSDT

MMBTtrader

39000-42700 now is the local range zone for price and after any breakout on this range zone with the high volume , we can expect a new path.

If range zone support(39K$) remains valid then more range is expected.
Also only if the 42K resistance zone breaks we can expect bullish market to lead again.

<<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 22, 2022

Ready to catch BTC below 10k!

Ready to catch BTC below 10k! Bitcoin / TetherUS BINANCE:BTCUSDT TanzirHasan BTC /USDT might go below 10k! I am waiting to buy it there.

Trading View May 20, 2022

Alice timeframe 1 hour

Alice timeframe 1 hour ALICE / TetherUS PERPETUAL FUTURES BINANCE:ALICEUSDTPERP laksanaadi21 Alice double bottom Buy in area 2.75 – 2.20 stoploss at 2.699 Consider BTC do not break resistance

Trading View March 19, 2022

ETHEREUM SHORT ANALYSIS 19TH March 2022

ETHEREUM SHORT ANALYSIS 19TH March 2022 ETH/USD COINBASE:ETHUSD Undercover_Trading Yesterday we saw the price of ethereum come into our last point of supply and I was a bit unsure whether to hold the trade after […]