MMBTtrader

BTCUSDT ready to break resistance and 55K or correction ahead ?

Short
MMBTtrader Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
Price is currently receiving last sell pressure of 50K resistance zone and if it manages to break our resistance zones can easily continue pumping and reaching new highs too.

So now we are waiting for a breakout to the upside here or seeing some correction that is needed too.

Supports ahead:
A. 49300
B. 46300

Resistance ahead:
A. 53300
B. 55000

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Trade active:
Price is receiving sell presure of resistance zone as mentioned
Comment:
Daily view and Elliott waves that formed and seems that it is now completed:

Trade closed: target reached:
Target A reached 49K touched
Trade closed: target reached:
All short-term targets reached.

price even fall to 42K support zone (local support zone of daily charts)

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