MMBTtrader

BTCUSD is touching local support, rise and break falling trend?

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MMBTtrader 已更新   
BINANCE:BTCUSDT   Bitcoin / TetherUS
We explained about previous falling trendline and here is strong support zone (local support and 30K support) we expect more strength here and for conformation of expected rise we need this red trendline break and then after retest we may have some more range and even rise around here .

else ,lower highs near this support of 30K is showing weakness and we may have breakout and after that falling will continue.

for now on short-term analysis there is some supports that mentioned with green rectangles and one of them mentioned on chart with black zone for healthy rise we need this black support to not break and expected rise like green path on chart .

Notice :we explained about market weakness and ... so take care .
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First resistance and target reached

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