MMBTtrader

BTCUSD strong Resistance of 60K zone is still valid

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
((Short-term Bitcoin ))
Lets have BTCUSDT short-term Analysis after while
Strong supports that are ahead for while, mentioned on chart with green lines .
Strong Resistances that are ahead for while ,mentioned on chart with Red lines too.

for now we can see that on 4H time frame each time price receive this resistance zone of 58K-60K start to see some correction or falling .

and price is fighting about one Week(7d 4H) to break resistance here but was not successful.
so we need to see bear market in next few hours maybe or one more day ,if price don't get correction we may have breakout to upside and again some rise is expected .

On 15 Min chart we can see that double top is forming too and if neckline(Blue line) break then price will start to face some correction as mentioned on chart .

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2.Past performance is not indicative of future results.

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