MMBTtrader

BTCUSDT can easily fall more if price not break resistance here

BINANCE:BTCUSDT   Bitcoin / TetherUS
As we can see Price is still near resistance zones here and also channel high is still providing some sell pressure:

Now price is still below the blue trendline and we can expect more fall here unless the price break this trendline then only after this breakout we can expect the previous resistance zone and to touch ATH once again.

Main support ahead:
A. 56000$(0.38 Of Fib)
B. 50000$(Channel support)
C. 40000$(Daily support)


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