MMBTtrader

BTCUSDT new resistances and supports ahead after breaking 55K$

BINANCE:BTCUSDT   Bitcoin / TetherUS
55K$ support that was local support now is local resistance and can provide some sell pressure here. (black zone on the chart)

next resistance zones here are also mentioned on the chart and only after breaking the black trendline resistance market is again bullish and we can expect more rise and pump here.

Notice: only after breaking 58500$ we can expect 60K$ and 62K$ as targets and also price can easily fall more and hit 51K$ support.

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Comment: importance of orange zone resistance and fib levels:

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