#BTC/USD
$BTC broke out from descending parallel channel and increased toward middle line of clone parallel channel.
there is a short term ascending parallel channel, that price touched its upper line and it is probably heading down to middle line of this channel around support zone at $42600.
🐮holding the middle line of ascending channel and break out from middle line of descending channel will help price increase to resistance zone between $50900 and $53650.
🐻 break down from middle line of short term channel will drop price to lower line that is the same with support around $39k.
🐻🐻 if the ascending channel act as flag pattern, price can fall more toward $30k.
$BTC broke out from descending parallel channel and increased toward middle line of clone parallel channel.
there is a short term ascending parallel channel, that price touched its upper line and it is probably heading down to middle line of this channel around support zone at $42600.
🐮holding the middle line of ascending channel and break out from middle line of descending channel will help price increase to resistance zone between $50900 and $53650.
🐻 break down from middle line of short term channel will drop price to lower line that is the same with support around $39k.
🐻🐻 if the ascending channel act as flag pattern, price can fall more toward $30k.
