MMBTtrader

BTCUSDT 40K support and 38K support can easily pump price to 50K

Long
MMBTtrader Updated   
BITSTAMP:BTCUSD   Bitcoin
As we can see 40K support remains valid and bull candles are getting stronger and the price can easily pump hard if break this channel resistance here.

Notice: if once again the price starts to dump hard from channel resistance(44K resistance) then it can continue falling until touching strong support of 38K and channel lower side and then from that area start pumping again. (consider this too if the market gets bearish again)

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Comment:
52K dump and start of this fall:
Comment:
44K resistance is touching and we may have some corrections again

Or breakout and pump now?(comment below)
Trade closed: target reached:
First resistance zone is touching and target reached


price can pump more for next targets too.

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