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MMBTtrader
Jan 13, 2022 6:57 AM

BTCUSD Major resistance ahead& only after breakout can pump moreย 

Bitcoin / U.S. dollarBitstamp

Description

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As we can see price receive the strong support of the 40K$ zone and we had a local pump now major resistance zone that is red trendline is ahead and only if this trendline resistance breaks we can expect more pump here, else we have range market for a while.

Strong supports and resistances ahead are also mentioned on the chart.


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Comments
kimstandgraph
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Nice prospective
UltimateCryptoTrader
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Nice analysis. thanks
Raoul750
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The red line is not well set. This is the end of the retest...
InkyGrip
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Excellent info ๐Ÿฆ๏ธ
MelvinGst
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Maybe BTC would retest the major support before pump, thank you for your great analysis !
spesmedia
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We could have both, first a double bottom on 40k, then up to high 40s low 50s and then back down to retest 40k?
TR7z
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Hope we pump.we will see .good work
UnitedSignals
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Well done!
VasilyTrader
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Great idea!
Wolf_of_Trading
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thanks for sharing , we shared short idea
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