BTCUSDT in new uptrend channel

9 במרץ 2021

important local resistance and support shown on chart valid channel created in next few days and Bitcoin is rising to reach previous high(58K) at least

we can expect some range over here and some kinds of correction beacuse we just now touch channel high once again so we can even expect retest of 50K as you can see shown by Green path .

Target is :
A. 58300 $

Notice :
1. market is bullish and channel can break every moment and targets will touch sooner .
2.small and tiny Elliott wave created on 4H and we expect some correction ABC for now and green path contain that fall too .
3.if and if price fall to 50K and support from channel was not successful then we would expect more falling and I will come with an update on situation

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