MMBTtrader

BTCUSDT new supports and resistances ahead after breakout

BINANCE:BTCUSDT   Bitcoin / TetherUS
We can expect a range market here for while if no breakouts happen.
and as we said price stop pumping near 200MA resistance yesterday:

Now important zone for the price is 47K-48K support that if it holds price can easily pump more.

The main support is 46000$ and the main resistance is 51500$ now.(any breakout and price can make sharp movements)

on this analysis, strong and local supports and resistances are mentioned too.


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