BTCUSDT Retest or broken channel and more dump??

2023年4月27日

As we can see price now is retesting channel support which is broken and now it is major resistance and price once respect this resistance so if the price remains below this resistance for an upcoming day soon we are expecting more dump here to the 26K$ support at least because it seems retest also completed.

Now major supports are:
A. 26000$ daily support
B. 23500$ major Fibonacci support levels

major Resistances are:
A. 29200$ Channel retest of breakout
B. 31000$ major Daily resistance

also we may have a range market here for a while too or even if the retest gets invalid then bull market.



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