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BTCUSD near Major support(40K$) but we need breakout for pump

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
As we said a lot 40K$ support is the main support zone left for the price but the major resistance that is the red trendline is ahead and we need a breakout here(the price should go above this resistance) then we can expect a bullish market.

So if red trendline resistance breaks we can expect a pump here like a green path on the chart else more range or fall is ahead.

Notice: price had hard fall from 9 Nov so local rise and range here have a higher possibility.


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